UFG board proposes 10% cash dividend for 2024

09:30 AM (Mecca time) Argaam
Logo ofArabian United Float Glass Co. (UFG)

Logo of Arabian United Float Glass Co. (UFG)


Arabian United Float Glass Co.’s (UFG) board of directors, in its meeting held on May 13, recommended the payment of a cash dividend at 10%, or SAR 1 a share, for 2024, according to a statement to Tadawul.

 

Cash dividend details

Current Capital

SAR 170.04 mln

Number of Shares

17 mln

Total Dividends

SAR 17 mln

Percentage of Capital

10% or SAR 1 a share

Record Date

Shareholders of record and those registered with Edaa on the second trading day following the general meeting, the date for which will be announced. 

Payment Date

To be determined later

 

These are the company’s first dividends since listing on Nomu-Parallel Market, on Sept. 18, 2024.

 

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