Logo of Knowledge Tower Trading Co.
Knowledge Tower Trading Co.’s shareholders approved the board proposal to pay a 15% cash dividend, at SAR 0.15 per share, for the fiscal year ended March 31, 2023, during the ordinary general meeting (OGM) held on Sept. 21.
Dividend Details |
|
Current capital |
SAR 17.50 mln |
Number of shares |
17.50 mln |
Par value |
SAR 1/share |
Total dividend |
SAR 2.63 mln |
Percentage of capital |
15% (SAR 0.15 per share) |
Record date |
Sept. 21. Shareholders of record and those registered with Edaa on the second trading day following the general meeting |
Pay out date |
Oct. 5, 2023 |
In a statement to Tadawul, the company pointed out that shareholders also authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year ending March 31, 2024.
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