Alwasail Industrial shareholders approve 10% cash dividend for 2023

06/05/2024 Argaam
Logo ofAlwasail Industrial Co.

Logo of Alwasail Industrial Co.

Alwasail Industrial Co.’s shareholders approved distributing a cash dividend of SAR 0.1% per share, or 10% of capital, for 2023 in an extraordinary meeting held on May 5.

 

Dividend Details (2023)

Current Capital

SAR 250 mln

Number of Shares

250 mln

Nominal value of shares

SAR 1

Total Dividend

SAR 25 mln

Percentage of Capital

10% (SAR 0.1 per share)

Record Date

May 5, 202 (Shareholders of record on the general assembly date and those registered with Edaa by the close of the second trading day following the record date).

Date of Payment

To be determined later

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