AlBabtain Food board proposes 5% cash dividend for H1 2022

12/12/2022 Argaam

AlBabtain Food board proposes 5% cash dividend for H1 2022

AlBabtain Food Co. logo

Abdulaziz and Mansour Ibrahim AlBabtin Co.’s (AlBabtain Food) board of directors recommended on Dec. 11, a 5% cash dividend, at SAR 0.5 per share, for the first half of 2022.

 

Dividend Details (H1 2022)

Current capital

SAR 34 mln

Number of shares

3.4 mln

Dividend

SAR 1.7 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

Shareholders owning shares on the EGM date and those registered with the Securities Depository Center (Edaa) by the close of the second day following the EGM date, to be set later

Payment date

June 8, 2023

 

This is the first dividend paid by the company since its debut on Nomu-Parallel Market on Oct. 18.

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