Logo of TAM Development Co.
TAM Development Co.’s shareholders approved an 8.5% cash dividend, or SAR 0.85 per share, for 2022 during the extraordinary general meeting (EGM) held on Aug. 27.
Dividend Details (2022) |
|
Current Capital |
SAR 36.60 mln |
Number of Shares |
3.66 mln |
Total Dividend |
SAR 2.80 mln |
Percentage of Capital |
8.5% (SAR 0.85 a share) |
Record Date |
Aug.27, 2023 (Shareholders registered with Edaa on the second trading day after the record date) |
Payout Date |
Sept. 7, 2023 |
According to data available with Argaam, this is the company’s first cash dividend since its listing on the Nomu-Parallel Market on June 14.
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