Headquarters of Saudi Top for Trading Co.
Saudi Top for Trading Co.’s board of directors recommended on June 24 distributing a cash dividend at 60% of capital, or SAR 6 a share, for H2 2023, according to a statement to Tadawul.
Shareholder Abdullah Muhammad Al-Ajmi is not entitled to receive these dividends, as he waived his profit.
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H2 2023 Dividend Details |
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Current Capital |
SAR 40 mln |
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No. of Shares* |
40 mln |
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Nominal Value |
SAR 1 |
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Total Dividend |
SAR 7.2 mln |
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Percentage of Capital* |
60%, or SAR 0.6 a share |
|
Record Date |
Shareholders of record and those registered with Edaa on the second day of trading following the general meeting (TBD). |
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Date of Payment |
TBD |
*12 million shares entitled to dividend.
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Total Dividend (2023) |
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Total Dividend* |
SAR 14.4 mln |
*The stock value was split from SAR 10 to SAR 1 a share.
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