Knowledge Tower shareholders to vote on 15% dividend for 2022/23 on Sept. 21

Logo of Knowledge Tower Trading Co.

Knowledge Tower Trading Co.’s shareholders are set to vote on the board proposal to pay a 15% cash dividend, at SAR 0.15 per share, for the fiscal year ended March 31, 2023, during the ordinary general meeting (OGM) slated for Sept. 21.

 

Dividend Details  

Current capital 

SAR 17.50 mln

Number of shares 

17.50 mln

Par value 

SAR 1/share

Total dividends 

SAR 2.63 mln

Percentage of capital 

15% (SAR 0.15 per share)

Record date 

Sept. 21. Shareholders of record and those registered with Edaa on the second trading day following the general meeting

Pay out date 

To be determined
 

In a statement to Tadawul, the company pointed out that shareholders will also vote on authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year ending March 31, 2024.

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