Aqaseem board recommends 20% cash dividend for 2023

05/06/2024 Argaam

Aqaseem board recommends 20% cash dividend for 2023

Logo of Aqaseem Factory for Chemicals and Plastics Co.


Aqaseem Factory for Chemicals and Plastics Co.'s board of directors recommended, today, June 5, the distribution of cash dividend at 20% of capital, at SAR 2 per share, for 2023, according to a statement to Tadawul.

 

Dividend Details (2023)

Capital

SAR 25 mln

Number of Shares

2.5 mln

Total Dividend

SAR 5 mln

Percentage of Capital

20% (SAR 2 per share)

Record Date

Shareholders of record at close of general assembly meeting and registered with Securities Depository Center (Edaa) at the end of the second trading day following the general assembly, the date for which will be announced after obtaining necessary approvals.

Payment Date

To be announced later

 

According to Argaam's data, this is the first time the company will pay cash dividend since its debut on Nomu - Parallel Market in May 2022.

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