Alwasail shareholders OK 5% dividend for H1 2024

25/09/2024 Argaam
Logo ofAlwasail Industrial Co.

Logo of Alwasail Industrial Co.

Shareholders of Alwasail Industrial Co. approved the board of directors' recommendation on paying a 5% cash dividend, or SAR 0.05 per share, for H1 2024, during the extraordinary general meeting (EGM) on Sept. 24.

 

Dividend Details (H1 2024)

Current Capital

SAR 250 mln

Number of Shares

250 mln

Nominal Value of Share

SAR 1

Total Dividend

SAR 12.5 mln

Percentage of Capital

5% (SAR 0.05 per share)

Record Date

Sept. 24, 2024 (Shareholders registered with Edaa by the close of the second trading day following the record date).

Date of Payment

Oct. 3, 2024

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