Middle East Paper Co. (MEPCO) starts today, June 23, paying 10% cash dividend (SAR 1 per share) to shareholders for 2021, the company said in a bourse filing.
According to data compiled by Argaam, the company’s shareholders approved the board of directors’ recommendation for the payout of a 10% cash dividend, or SAR 1 per share, for 2021, during the ordinary general meeting (OGM) held on June 13.
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Dividend Details |
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Current Capital |
SAR 500 mln |
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Number of Shares |
50 mln |
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Total Dividend |
SAR 50 mln |
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Percentage of Capital |
10% (SAR 1 per share) |
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Record Date |
June 13, 2022 (Shareholders registered with Securities Depository Co. (Edaa) by the close of the second trading day after the OGM date) |
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Payment Date |
June 23, 2022 |
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