Foods Gate board proposes 10% cash dividend for 2023

Logo of Foods Gate Trading Co.

Foods Gate Trading Co.’s board of directors recommended on March 27 to pay a cash dividend at 10%, or SAR 1 a share, for 2023, according to a statement to Tadawul.

 

Dividend Details

Current Capital

SAR 21 mln

Number of Shares

2.1 mln

Total Dividend

SAR 2.1 mln

Percentage of Dividend

10% (SAR 1 a share)

Record Date

Shareholders of record, and those registered with Edaa on the second trading day following the general meeting date.

Payment Date

To be determined later
 

These are the first dividends to be distributed by the company since it listed on Nomu-Parallel Market on April 5, 2023, data compile by  Argaam showed.

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