CATRION EGM authorizes board to pay 2025 interim dividends

CATRION Catering Holding Co.’s (CATRION) shareholders approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025.

The approval came during the extraordinary general meeting (EGM) held on May 22, according to a statement to Tadawul.

The EGM also approved the remaining agenda items, including amending Article (4) of the company’s bylaws related to its business, including land freight transport of goods, transport of chilled and frozen products, real estate activities involving owned or leased properties, in addition to the purchase, sale, and subdivision of land and real estate, including off-plan sales activities.

The EGM also approved the remaining agenda items, including amending Article (4) of the company’s bylaws related to its business.

It also gave the green light for paying the board's remuneration worth SAR 4.7 million for 2024.

The company distributed cash dividends for 2024 at 23% of capital, or SAR 2.3 per share, data compiled by Argaam showed.