MOBI OKs SAR 0.15/share dividend for Q4 2024; approves 2025 dividend plan

26/03/2025 Argaam
Logo ofMOBI Industry Co.

Logo of MOBI Industry Co.

 


MOBI Industry Co.'s board of directors approved a 15% cash dividend (SAR 0.15 per share) for Q4 2024 during a meeting held on March 25, according to a statement to Tadawul.

 

Dividend Details (Q4 2024)

Current Capital

SAR 50 mln

No. of Shares

50 mln

Nominal Value

SAR 1

Total Dividend

SAR 7.5 mln

Percentage of Capital

15% (SAR 0.15 per share)

Record Date

April 8, 2025

Payment Date

April 23, 2025

 

Total Dividend (2024)

Total Dividend

SAR 15 mln

Percentage of Capital

30% (SAR 0.30 per share)

 

In a separate statement to Tadawul, the company said its board approved the quarterly dividend distribution policy for 2025.

 

The plan includes the distribution of SAR 0.15 per share for Q4 2024, followed by SAR 0.15 per share for the first, second, and third quarters of 2025.

 

The decision comes as part of MOBI’s commitment to transparency with its shareholders, in accordance with the approved dividend distribution policy and relevant regulations.

 

The details of the dividend distribution for each quarter will be announced later, the statement added.

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