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9 things to watch on Tadawul today

Here are a few things you need to know as Saudi stocks start trading on Sunday. 1) Al-Babtain Power and Telecommunication Co.’s board of directors recommended a 10% cash dividend for the fiscal year 2020, at SAR 1 per share, amounting to SAR 42.63 million. 2) Raydan Food Co. submitted its request to increase capital through rights issue to the Capital Market Authority (CMA) on Dec. 30, 2020. 3) Bank Aljazira shareholders authorized the board of directors to distribute interim dividends, quarterly or semi-annually, for FY2021. 4) Abdullah Saad Mohammed Abo Moati for Bookstores Co. (Abo Moati) renewed a Shariah-compliant financing facility agreement with Saudi Investment Bank (SAIB) worth SAR 70 million.

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