- Riyadh: The Savola Group's board of directors approved in its meeting held yesterday the distribution of SR150 million as dividends for Q1, 2012 to the shareholders registered in the company books by end of the trading date of April 25, 2012.
- The dividend payments process will start as of May 5, 2012, according to Tadawul website.
The dividend announcement is in continuation of the group's declared policy to distribute quarterly dividends to its shareholders and due to the outstanding results achieved during Q1 2012 with a net income of SR242.3 million, Abdulraouf M. Mannaa, group managing director of Savola announced.
