Saudi's Kingdom Holding proposes fiscal year dividend | ZAWYA MENA Edition:
"Saudi Arabian investment firm Kingdom Holding proposed a cash dividend of 0.50 riyals per share for 2017, the company said on Thursday.
Chairman Prince Alwaleed bin Talal, who holds a 95 percent stake, waived his share of proposed dividends worth 299.2 million riyals quarterly ($79.8 million), it added in a bourse filing.
Alwaleed will still receive 562.7 million riyals in dividend for the year, a company official told Reuters."
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