Amwaj board proposes 10% dividend for 2023

08:56 AM (Mecca time) Argaam
Logo ofAmwaj International Co.

Logo of Amwaj International Co.


The board of directors of Amwaj International Co. recommended the payment of a 10% cash dividend, or SAR 1 a share, for 2023, according to a statement to Tadawul.
 

2023 Dividend

Current Capital

SAR 60 mln

No. of Shares

6 mln

Total Dividends

SAR 6 mln

Percentage of Dividend

10% (SAR 1 a share)

Record Date

Shareholders of record and those registered with Edaa on the second trading day following the general meeting date, which will be announced

Payment Date

To be set later

 

Amwaj paid dividends at 15% of the capital (SAR 1.5 per share) for H1 2023, bringing distribution in 2023 to SAR 2.5 per share (25% of capital). 

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