Tadawul: Saudi Ceramics goes ex-dividend, Al-Baha goes ex-rights today

21/02/2022 Argaam

Tadawul trading screen

Shares of Saudi Ceramic Co. (Saudi Ceramics) will go ex-dividend, while the shares of Al-Baha Investment and Development Co. will go ex-rights today, Feb. 21.  

 

Saudi Ceramic’s board of directors recommended paying a cash dividend at 7.5%, or SAR 0.75 a share for H2 2021, payable as of March 3, 2022.

 

Al-Baha’s extraordinary general meeting (EGM) will discuss today the board of directors’ proposal to increase capital from SAR 177 million to SAR 297 million via a SAR 120 million rights issue to finance its future plans as well as expansions and offset the accumulated losses.

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