Balady Poultry shareholders authorize board to pay 2023 interim dividend

Logo of Balady Poultry Co.

Balady Poultry Co.’s shareholders authorized the board of directors to pay an interim dividend for 2023 on a semi-annual or quarterly basis, according to a statement to Tadawul.

This came during the ordinary general meeting (OGM) held on June 15, the statement added.

Shareholders also approved all other agenda items during the meeting.

Balady Poultry paid a cash dividend at SAR 6.57 million, or SAR 1 a share, for Q4 2022, as its first dividend since it listed on Nomu-Parallal Market on March 19, 2023.