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Enma AlRawabi shareholders OK 2.5% cash dividend for H1 2023
AI Summary
Content Summary: 
Logo of Enma AlRawabi Co.
Enma AlRawabi Co.'s shareholders approved the board of directors’ recommendation to distribute cash dividends of SAR 0.25 per share, or 2.5% of the capital, for the first half of 2023.
The approval took place during the extraordinary general meeting held yesterday, Oct. 9, according to a statement to Tadawul.
|
Dividend Details (H1 2023) |
|
|
Capital |
SAR 400 mln |
|
Number of Shares |
40 mln |
|
Total Dividend |
SAR 10 mln |
|
Percentage of Capital |
2.5% (or SAR 0.25 per share) |
|
Record Date |
Oct. 9, 2023 (Shareholders registered with the Securities Depository Center Co. (Edaa) on the second trading day following the due date). |
|
Payment Date |
Oct. 19, 2023 |
Moreover, shareholders agreed to authorize the board to pay interim dividend on a semi-annual or a quarterly basis for 2023, the statement added.
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