Amwaj shareholders approve 15% cash dividends for H1 2023

12/12/2023 Argaam

Amwaj shareholders approve 15% cash dividends for H1 2023

Logo of Amwaj International Co.


Amwaj International Co.’s shareholders approved the payment of a cash dividend at 15% of capital, or SAR 1.5 a share for H1 2023, during the extraordinary general meeting (EGM), held on Dec. 11, according to a statement to Tadawul.

 

H1 2023 Dividends

Current Capital

SAR 60 mln

No. of Shares

6 mln

Total Dividends

SAR 9 mln

Percentage of Dividend

15% (SAR 1.5 a share)

Record Date

Dec. 11, 2023, for shareholders of record and those registered with Edaa on the second trading day following the general meeting

Payment Date

Later

 

This is the first time for Amwaj International to pay dividends since its shares listed on the Nomu-Parallel Market on June 14, 2022.

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