Alwasail board proposes 5% dividend for H2 2024

17/03/2025 Argaam
Logo ofAlwasail Industrial Co.

Logo of Alwasail Industrial Co.

Alwasail Industrial Co.’s board of directors recommended on March 16 a cash dividend of SAR 0.05 per share, or 5% of capital, for the second half of 2024, the company said in a statement to Tadawul.

 

Dividend Details (H2 2024)

Current capital

SAR 250 mln

Number of shares

250 mln

Dividend

SAR 12.5 mln

Percentage of capital

5% (SAR 0.05 per share)

Record date

Shareholders registered with Edaa by the close of the second trading day after the general assembly date to be announced later.

Payment date

To be set later

 

Total Dividend (2024)

Total Dividend

SAR 25 mln

Percentage of Capital

10% (or SAR 0.1 per share)

 

 

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