Savola grants $37 million dividends

Published February 13th, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The Board of Directors of the Saudi Savola Group recommended granting 138 million Saudi Riyals ($37 million) worth of dividends to stockholders for the fiscal year of 2001, reported Al-Watan . This dividend value is equivalent to SR 11 per stock, which is similar to the earnings per share in 2000. Thus, Savola managed to maintain stable earnings per stock last year. — (menareport.com) 

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