United International Transportation Co.’s (Budget Saudi) shareholders are set to vote on a 12.5% cash dividend for the second half of 2020, at SAR 1.25 per share, during the general assembly meeting that will be held on April 29, 2021, the company said in a bourse statement today, April 8, 2021.
Shareholders will also vote on delegating the company’s board of directors to distribute cash dividend for 2021 on a semi-annual or a quarterly basis.
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Dividend Details |
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Current Capital |
SAR 711.67 mln |
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Number of shares |
71.17 mln |
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Dividend |
SAR 88.96 mln |
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Percentage of capital |
12.50% (SAR 1.25 per share) |
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Record date |
April 29, 2021 (By the end of second trading day following this date) |
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Payment date |
To be determined later |
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Total Dividend for 2020 |
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Total Dividend |
SAR 124.54 mln |
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Percentage of capital |
17.50% (SAR 1.75 a share) |
Shareholders will vote on the agenda items as of April 25, 2021, through Tadawulaty services.
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