Foods Gate shareholders approve 10% dividend for 2023
20/05/2024
Argaam

Logo of Foods Gate Trading Co.
Foods Gate Trading Co.’s shareholders approved the board’s recommendation to pay a cash dividend at SAR 1 per share, or 10% of the capital, for 2023, during the ordinary general meeting (OGM) held on May 19, according to a statement to Tadawul.
|
Cash Dividend Details |
|
|
Current Capital |
SAR 21 mln |
|
Number of Shares |
2.1 mln |
|
Total Dividend |
SAR 2.1 mln |
|
Percentage of Capital |
10% ( SAR 1 a share) |
|
Record Date |
May 19, 2024, Shareholders of record and those registered with Edaa on the second day following the record date. |
|
Payment Date |
June 3, 2024 |
Shareholders further approved all the agenda items, the statement added.
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