Riyal Investment board plans 5% cash dividend for 2024

Logo of Riyal Investment & Development Co.

Riyal Investment & Development Co.’s board of directors recommended, on March 25, the payment of a 5% cash dividend or SAR 0.5 per share, for 2024.

 

Dividend Details (2024)

Current Capital

SAR 80 mln

Number of Shares

8 mln

Dividend

SAR 4 mln

Percentage of Capital

5% (SAR 0.5 per share)

Record Date

General meeting day (to be announced) and shareholders registered at the Securities Depository Center (Edaa)

Payment Date

To be announced
 
According to data compiled by Argaam, this cash dividend is the company’s first payout since its debut in the Nomu-Parallel Market in October 2023.

 

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