Electrical Industries OGM authorizes board to declare 2025 interim dividends

11/05/2025 Argaam
Logo ofElectrical Industries Co. (EIC)

Logo of Electrical Industries Co. (EIC)

Electrical Industries Co.’s (EIC) shareholders approved several items, including authorizing the board of directors to distribute interim dividends semi-annually or quarterly for 2025, during the ordinary general assembly (OGM) held on May 8.

 

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In a statement to Tadawul, the company said the OGM also approved the appointment of KPMG as the external auditor based on the audit committee’s recommendation.

 

KPMG will review and audit the financial statements for the second and third quarters, full-year 2025, and Q1 2026. The auditor’s remuneration was set at SAR 825,000.

 

According to data available with Argaam, EIC paid a 45% cash dividend, or SAR 0.225 per share, for 2024.

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