Munawla pays 7.5% cash dividends for H1 2024

21/01/2025 Argaam
Logo ofMunawla Cargo Co.

Logo of Munawla Cargo Co.

Nomu-listed Munawla Cargo Co.’s board of directors decided to pay a cash dividend at 7.5% of capital, or SAR 0.75 a share, for H1 2024, according to a statement to Tadawul.
 
The company’s shareholders approved in October 2024 to increase capital via a 100% bonus issue, data compiled by Argaam showed.
 

Dividend details

Current Capital

SAR 20 mln

Number of shares

2 mln

Total Dividend

SAR 150 mln

Percentage of Capital

7.5% (SAR 0.75 a share)

Record Date

Jan. 30, 2025, for shareholders of record and those registered with Edaa on the second trading day following the record date

Distribution Date

Feb. 10, 2025

 

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