Marble Design board proposes 17% dividend for H2 2023

29/02/2024 Argaam

Marble Design board proposes 17% dividend for H2 2023

Logo of Marble Design Co.

Marble Design Co.’s board of directors recommended, on Feb. 27, a 17% cash dividend, or SAR 1.7 per share, for the second half of 2023, the company said in a statement to Tadawul.

 

Dividend Details (H2 2023)  

Current Capital  

SAR 60 mln  

Number of Shares  

6 mln  

Total Dividend  

SAR 10.2 mln  

Percentage of Capital  

17% (SAR 1.7 per share) 

Record Date  

Shareholders of record on the general assembly date and those registered with Edaa by the close of the second trading session following the meeting date

Payment Date 

To be set later

 

Full-Year Dividend

Dividend

SAR 20.4 mln

Percentage of capital

34% (SAR 3.4 per share)

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