Logo of Mufeed Co.
Mufeed Co.'s board of directors approved on Dec. 12 the distribution of a cash dividend at 50% of capital, or SAR 5 per share, for the first half of 2024, as follows:
|
Dividend Details (H1 2024) |
|
|
Current Capital |
SAR 66 mln |
|
No. of Shares |
6.60 mln |
|
Total Dividend |
SAR 33 mln |
|
Percentage of Capital |
50% (SAR 5 a share) |
|
Record Date |
Dec. 18, 2024 (Shareholders registered with Edaa by the close of trading on the second day following the record date) |
|
Payment Date |
Dec. 23, 2024 |
According to Argaam, this marks the first cash dividend distribution by Mufeed since its listing on the Nomu-Parallel Market last November.
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