BinDawood Holding amends dividend distribution date for pause period

31/03/2022 Argaam

BinDawood Holding Co. amended the dividend distribution date for H2 2021 to April 24, in line with the dividend pause period previously announced by the Saudi Exchange (Tadawul) and Securities Depository Center (Edaa).

 

The record date is, therefore, changed to April 10, including shareholders registered with Edaa at the end of the second trading day following the record date.

 

Earlier this week, BinDawood Holding’s board of directors declared a 6.5% cash dividend for the second half of 2021, at SAR 0.65 per share, amounting to SAR 74.30 million, according to data compiled by Argaam.

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