AlBabtain Food shareholders to vote on 5% cash dividend for 2024 on June 2

13/05/2025 Argaam
Logo ofAl-Babtain Power and Telecommunication Co.

Logo of Al-Babtain Power and Telecommunication Co.

Shareholders of Al-Babtain Power and Telecommunication Co. (AlBabtain Food) are set to vote on a board recommendation to pay a 5% cash dividend, or SAR 0.5 a share, for 2024, during the ordinary general meeting (OGM) to be held on June 2, according to a statement to Tadawul. 

 

Dividend Details (2024)

Current Capital

SAR 34 mln

Number of Shares

3.4 mln

Total Dividend

SAR 1.7 mln

Percentage of Capital

5% (SAR 0.5 per share)

Record Date

June 2, 2025 (Shareholders of record and those registered with Edaa at the end of the second trading day following the OGM)

Payment Date

June 22, 2025
 

Meanwhile, shareholders will vote on authorizing the board of directors to distribute interim dividends for 2025 on a semi-annual or quarterly basis.

 

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