Saudi Arabian VLCC giant Bahri is handing out SAR 590.63m ($157.4m) in dividends to shareholders.
The company's board recommended a pay-out of SAR 1.5 per share for 2018, representing 15% of the nominal value
It said the decision reflected the owner's strong growth and rising cash flow and earnings.
"It is also a true testimony to the company’s commitment to deliver lucrative returns to our shareholders,” said CEO Abdullah Aldubaikhi.
