Amiantit board proposes dividend freeze for 2024

Logo of Saudi Arabian Amiantit Co.

Saudi Arabian Amiantit Co.’s board of directors recommended withholding dividends for 2024, citing that its reported profits are accounting gains with no cash flow available for distribution, the company said in a statement to Tadawul today, March 27.

 

The board's recommendation will be presented for a shareholder vote at the upcoming general assembly meeting, pending regulatory approval, it added.

 

For more news on listed companies

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website