Alwasail shareholders to vote on 5% dividend for H2 2024 on April 28

07/04/2025 Argaam
Logo ofAlwasail Industrial Co.

Logo of Alwasail Industrial Co.

Alwasail Industrial Co.’s shareholders will vote on the board of directors’ recommendation to distribute a cash dividend at 5% of capital, or SAR 0.05 per share, for H2 2024 during an extraordinary general meeting (EGM) on April 28, according to a statement to Tadawul.

 

Cash Dividends (H2 2024)

Current Capital

SAR 250 mln

Number of Shares

250 mln

Par Value

SAR 1/share

Total Dividends

SAR 12.5 mln

Percentage of Capital

5% (SAR 0.05 a share)

Record Date

April 28, 2025

Payment Date

Within 15 business days from the record date

 

Cash Dividends (2024)

Total Dividends

SAR 25 mln

Percentage of Capital

10% (SAR 0.1 a share)

 

Other agenda items include voting on authorizing the board of directors to distribute interim dividends to the company’s shareholders on a semi-annual or quarterly basis for 2025.

 

For more news on listed companies

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.