Sure Global shareholders approve 15% cash dividend for 2023

26/06/2024 Argaam
Logo ofSure Global Tech Co.

Logo of Sure Global Tech Co.


Sure Global Tech Co.’s shareholders agreed on the board of directors’ recommendation to distribute a cash dividend of SAR 1.5 per share, or 15% of capital, for 2023 at the extraordinary general meeting (EGM) on June 25, the company said in a statement to Tadawul.

 

Cash Dividend (2023)

Current Capital

SAR 76.94 mln

Number of Shares

7.69 mln

Total Dividend

SAR 11.54 mln

Percentage of Capital

15% (SAR 1.5 per share)

Record Date

June 25, 2024 (Shareholders registered with the Securities Depository Center Co. (Edaa) at the end of the trading day following the EGM

Payment Date

To be announced later

 

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Additionally, shareholders approved the remaining agenda items, including the transfer of the company's statutory reserve balance amounting to SAR 5.76 million, as per the 2023 financial statements, to retained earnings.

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