Almunajem shareholders authorize board to distribute 2025 interim dividends

Logo of Almunajem Foods Co. 

Almunajem Foods Co.’s shareholders authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025, according to a statement to Tadawul.

 

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The shareholders also discharged the board members from liabilities for the fiscal year ending Dec. 31, 2024 and ratified the disbursement of SAR 1.5 million in remuneration for board members for the same period.

 

Almunajem paid a cash dividend at 32.5% of capital, or SAR 3.25 per share, for 2024, according to Argaam  data.

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