United Mining board OKs 7% dividend for H1 2023

Logo of United Mining Industries Co. 

The board of directors of United Mining Industries Co. approved, on Nov. 30, a 7% cash dividend, at SAR 0.7 per share, for the first half of 2023, the company said in a statement to Tadawul.

 

Dividend Details (H1 2023)

Current Capital

SAR 140 million

Number of Shares

14 mln

Total Dividend

SAR 9.8 mln

Percentage of Capital

7% (SAR 0.7 per share)

Record Date

Dec. 10, 2023

Payment Date

Dec. 18, 2023
 

This marks the first payout by the company since its listing on Nomu-Parallel Market on Oct. 22.

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