One of the facilities of SAL
SAL Saudi Logistics Services Co.’s shareholders will vote on authorizing the board of directors to distribute interim cash dividends on a semi-annual or quarterly basis for 2024, during the extraordinary general meeting (EGM), scheduled for June 27, according to a statement to Tadawul.
They will also vote on the dividends paid for Q3 and Q4 2023 at SAR 3.41 a share, or 34.1%.
In addition, the EGM will discuss the payment of Q1 2024 dividend at 17.6% (SAR 1.76 a share).
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Cash Dividends Details (Q1 2024) |
|
|
Current Capital |
SAR 800 mln |
|
Number of Shares |
80 mln |
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Total Dividends |
SAR 140.80 mln |
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Percentage of Capital |
17.6% (SAR 1.76 a share) |
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Record Date |
May 26, 2024 |
|
Payment Date |
In 15 business days from the record date |
Other agenda items include disbursing SAR 3.5 million in board bonuses and approving business contracts between the company and other companies, the statement added.
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