Alwasail board proposes 7.5% cash dividend for 2022

Logo of Alwasail Industrial Co.

Alwasail Industrial Co.’s board of directors recommended today, March 28, a cash dividend at 7.5% of capital, or SAR 0.75 a share, for 2022, according to a filing to Tadawul.

 

Dividend Details (2022)

Current Capital

SAR 250 mln

Number of Shares

25 mln

Total Dividend

SAR 18.75 mln

Percentage of Capital

7.5% (SAR 0.75 a share)

Record Date

Shareholders of record on the general meeting date, which will be determined later

Payment Date

Within a month from the general meeting date, which will be determined later

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