Lamasat shareholders approve 15% cash dividend for H2 2024

09:21 AM (Mecca time) Argaam
Logo ofLamasatCo.

Logo of Lamasat Co.

Lamasat Co.'s shareholders approved the board of directors’ recommendation to distribute a cash dividend for H2 2024 at SAR 0.15 per share, or 15% of capital, the company said in a statement to Tadawul.

 

The approval came during the extraordinary general meeting (EGM) held on June 26.

 

Dividend Details

Current Capital

SAR 81 mln

No. of Shares

81 mln

Par Value

SAR 1/share

Total Dividends

SAR 12.15 mln

Percentage of Capital

15% (SAR 0.15 a share)

Record Date

June 26, 2025 (Shareholders of record and those registered with Edaa at the end of the second trading day after the EGM date)

Payment Date

Within 15 business days
 
 

In addition, shareholders approved authorizing the board to pay a cash dividend semiannually for 2025.

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