United International Transportation Co.’s (Budget Saudi) shareholders will vote on a 15% cash dividend for H2 2022, at SAR 1.5 per share, during the ordinary general meeting (OGM) slated for April 13, the company said in a bourse statement.
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Dividend Details for H2 2022 |
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Current Capital |
SAR 711.67 mln |
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Number of Shares |
71.17 mln |
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Dividend |
SAR 106.75 mln |
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Percentage of Capital |
15% (or SAR 1.50 per share) |
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Record Date |
Shareholders of record and are registered with Securities Depository Center Company (Edaa) by the end of the second trading day after the payment date |
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Payment Date |
To be announced later |
Shareholders will also vote on authorizing the board of directors to distribute interim dividends semiannually or quarterly for 2023.
E-voting on the meeting agenda items through Tadawulaty system will run from April 9 until the end of the OGM.
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