Alwasail board recommends cash dividend for H1 2024

26/08/2024 Argaam
Logo ofAlwasail Industrial Co.

Logo of Alwasail Industrial Co.

Alwasail Industrial Co.’s board of directors recommended on Aug. 25 a cash dividend of SAR 0.05 per share, or 5% of capital, for H1 2024, the company said in a statement to Tadawul.

 

Cash Dividend (H1 2024)

Capital

SAR 250 mln

Number of Shares

250 mln

Par Value

SAR 1/share

Total Dividend

SAR 12.5 mln

Percentage of Capital

5% (SAR 0.05 per share)

Record Date

Shareholders of record and those registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day following the general meeting date, to be announced later

Payment Date

TBD

 

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