Saudi Networkers board recommends 23.5% cash dividend for H2 2022

Logo of Saudi Networkers Co.

Saudi Networkers Co.’s board of directors recommended a 23.5% dividend payout, or SAR 2.35 per share, for the second half of 2022, the company said in a statement to Tadawul.

 

Dividend Details (H2 2022)

Current Capital

SAR 60 mln

Number of Shares

6 mln

Total Dividend

SAR 14.1 mln

Percentage of Capital

23.5% (SAR 2.35 per share)

Record Date

Shareholders registered with Edaa by the close of the second trading day following the general assembly day.

Payment Date

To be determined
 

This dividend payout is the first distribution the company will make since its listing in Nomu in August 2022, according to data available with Argaam.

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