Balady Poultry board recommends 10% cash dividend for Q4 2022

27/03/2023 Argaam
Logo ofBalady Poultry Co.

Logo of Balady Poultry Co.

Balady Poultry Co.'s board of directors, in a meeting on March 26, recommended the distribution of a cash dividend at SAR 1 per share, or 10% of capital, for the fourth quarter of 2022, according to a statement to Tadawul.

 

Dividend Details

Current Capital

SAR 65.70 mln

Number of Shares

6.57 mln

Dividend

SAR 6.57 mln

Percentage of Capital

10% (SAR 1 per share)

Record Date

March 30 (Shareholders of record registered with Edaa by the end of the second trading day following the record date)

Payment Date

Within 15 days from the record date
 

This is the first dividend distribution of Balady Poultry since its listing on Nomu on March 19, 2023, according to data available with Argaam.

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