Bena board recommends 9% dividend for 2023

One of Bena Steel Industries Co. plant

Bena Steel Industries Co.’s board of directors recommended, on July 22, a 9% cash dividend for 2023, at SAR 0.9 per share, the company said in a statement on Tadawul.

 

Dividend (2023)  

Current capital 

SAR 50 mln

Number of shares 

5 mln

Total dividends 

SAR 4.5 mln

Percentage of capital 

9% (SAR 0.9 per share)

Record date 

Shareholders on the record date and those registered with Edaa at the end of the second trading day following the general assembly date, which is yet to be announced

Payment date 

To be determined

 

This dividend is the first for the company since its listing on the Main Market in March 2023, data compiled with Argaam showed. 

 

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