AlBabtain Food board recommends 5% dividend for 2024

Logo of Abdulaziz and Mansour Ibrahim AlBabtain Co. (AlBabtain Food)

Abdulaziz and Mansour Ibrahim AlBabtain Co.’s (AlBabtain Food) board of directors on March 23 recommended distributing a cash dividend of SAR 0. 5 per share, or 5% of capital, for 2024, the company said in a statement to Tadawul.

 

Dividend Details (2024)

Current capital

SAR 34 mln

Number of shares

3.4 mln

Dividend

SAR 1.7 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

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

Payment date

To be determined later

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