Logo of Canadian Medical Center
Canadian Medical Center’s shareholders approved a 15% cash dividend for the first half of 2021, at SAR 1.5 per share, or 15% of the capital, amounting to SAR 11.55 million, the company said in a bourse statement.
|
Dividend (H1 2021) |
|
|
Current Capital |
SAR 77 mln |
|
Number of Shares |
7.7 mln |
|
Total Dividends |
SAR 11.55 mln |
|
Percentage of Capital |
15% (equivalent to SAR 1.5 per share) |
|
Record Date |
Oct. 6, 2021 (Shareholders registered with Edaa at the end of the second trading day following the general assembly date, which will be announced later, after obtaining necessary approvals) |
|
Payment Date |
Oct. 24, 2021 |
Shareholders authorized the company’s board to distribute interim cash dividend for 2021 on a semi-annual basis.
They also approved the dividend policy for 2021 and 2022, which aims to distribute SAR 1.5 per share for each half-year period, for 2021 and 2022.
The dividend policy will be subject to change, based on any fundamental changes in the company's strategy or sharp fluctuations in prices or any obligations that may arise in future.
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