Logo of Group Five Pipe Saudi Co.
Group Five Pipe Saudi Co.’s board of directors recommended on March 11 the payment of a cash dividend at 5% of capital, or SAR 0.5 a share, for 2024, according to a statement to Tadawul.
|
Cash Dividends (2024) |
|
|
Current Capital |
SAR 280 mln |
|
Number of Shares |
28 mln |
|
Total Dividends |
SAR 14 mln |
|
Percentage of Capital |
5% (SAR 0.5 a share) |
|
Record Date |
On the general meeting date (to be announced) and shareholders registered with Edaa |
|
Payment Date |
To be determined later |
These are the first cash dividends by the company since its listing on Nomu-Parallel Market in September 2021, data compiled by Argaam showed.
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