Al Arabia shareholders authorize board to pay dividends for 2024

01/07/2024 Argaam
Logo ofArabian Contracting Services Co. (AlArabia)

Logo of Arabian Contracting Services Co. (AlArabia)

Arabian Contracting Services Co.’s (Al Arabia) shareholders authorized the board of directors to distribute interim cash dividends, semi-annually or quarterly, for 2024, during the ordinary general meeting (OGM), held on June 30, according to a statement to Tadawul.
 

Al Arabia paid cash dividends for 2022 at 23% of capital (SAR 2.3 a share) on a semi-annual basis, totaling SAR 115 million, data compiled with Argaam showed.

 

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