Alwasail shareholders to vote on 5% cash dividend for 2021 on May 17

24/04/2022 Argaam

Logo of Alwasail Industrial Co.


Alwasail Industrial Co.’s shareholders will vote on paying cash dividend at 5% of capital, or SAR 0.5 a share, for 2021, during the extraordinary general meeting (EGM), slated for May 17, according to a bourse filing.

Dividend Details - 2021

Current Capital

SAR 250 mln

Number of Shares

25 mln

Total Dividend

SAR 12.50 mln

Dividend

5% (SAR 0.5 a share)

Record Date

May 17, 2022 (shareholders of record on the second day of trading after the record date)

Payment Date

To be determined later


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