Saudi Top shareholders approve SAR 0.6/share dividend for H2 2023

29/08/2024 Argaam
Logo ofSaudi Top for Trading Co.

Logo of Saudi Top for Trading Co.

Saudi Top for Trading Co.’s shareholders approved on Aug. 28 a cash dividend at 60% of capital, or SAR 0.6 a share, for H2 2023, according to a statement to Tadawul.

 

Shareholder Abdullah Muhammad Al-Ajmi is not entitled to the dividends, as he waived his right.

 

H2 2023 Dividend Details

Current Capital

SAR 40 mln

No. of Shares*

40 mln

Nominal Value

SAR 1 mln

Total Dividend

SAR 7.2 mln

Percentage of Capital*

60% (SAR 0.6 a share)

Record Date

Shareholders of record and those registered with Edaa on the second day of trading following the record date

Date of Payment

Sept. 18, 2024

*No. of shares entitled to dividends is 12 million.

 

For more news on listed companies

 

2023 Dividends

Total Dividends*

SAR 14.4 mln

* The stock was split from SAR 10 to SAR 1 on October 8, 2023.

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