Saudi Top board recommends SAR 0.6/share dividend for H2 2023

Headquarters of Saudi Top for Trading Co.

Saudi Top for Trading Co.’s board of directors recommended on June 24 distributing a cash dividend at 60% of capital, or SAR 6 a share, for H2 2023, according to a statement to Tadawul.

 

Shareholder Abdullah Muhammad Al-Ajmi is not entitled to receive these dividends, as he waived his profit.

 

H2 2023 Dividend Details

Current Capital

SAR 40 mln

No. of Shares*

40 mln

Nominal Value

SAR 1

Total Dividend

SAR 7.2 mln

Percentage of Capital*

60%, or SAR 0.6 a share

Record Date

Shareholders of record and those registered with Edaa on the second day of trading following the general meeting (TBD).

Date of Payment

TBD

*12 million shares entitled to dividend.

 

For more news on listed companies

 

Total Dividend (2023)

Total Dividend*

SAR 14.4 mln

 *The stock value was split from SAR 10 to SAR 1 a share.

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