AlMuneef board recommends 20% cash dividend for 2023

04/04/2024 Argaam
Logo ofAlMuneef Co. For Trade, Industry, Agriculture andContracting (Almuneef)

Logo of AlMuneef Co. For Trade, Industry, Agriculture and Contracting (Almuneef) 

AlMuneef Co. for Trade, Industry, Agriculture, and Contracting’s (Almuneef) board of directors recommended, on April 3, distributing cash dividends of SAR 2 per share, or 20% of capital, for 2023, according to a statement to Tadawul.

 

Dividend Details (2023)

Current Capital

SAR 38 mln

Number of Shares

3.8 mln

Total Dividends

SAR 7.60 mln

Percentage of Capital

20% (SAR 2 per share)

Record Date

Shareholders of record on the general assembly date and those registered with Edaa by the close of the second trading day following the meeting date, to be announced later after obtaining the necessary official approvals

Payment Date

To be determined later

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