KnowledgeNet board recommends no cash dividend for 2024

02/06/2025 Argaam
Logo ofKnowledgeNet Co.

Logo of KnowledgeNet Co.


KnowledgeNet Co.'s board of directors recommended on June 1 to withhold dividends for 2024.

The decision aims to support the company’s future growth and cash flow, along with financing capital expansions, KnowledgeNet said in a statement to Tadawul.

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The recommendation will be submitted for approval in the upcoming shareholder meeting.

 

The company last paid dividend for 2022 at 5% (SAR 0.5 per share), data compiled by Argaam showed.

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