SAMA Water shareholders to vote on 8% cash dividend for 2024 on June 15

14/05/2025 Argaam
Logo ofSAMA Healthy Water Factory Co.

Logo of SAMA Healthy Water Factory Co.


Sama Healthy Water Factory Co. shareholders will discuss the board’s recommendation to distribute cash dividends at 8% of capital, or SAR 0.08 a share, for 2024, during the extraordinary general meeting (EGM) scheduled for June 15, according to a statement to Tadawul.

 

Cash Dividends (2024)

Current Capital

SAR 50 mln

Number of Shares

50 mln

Share Nominal Value

SAR 1/share

Total Dividends

SAR 4 mln

Percentage of Capital

8% (SAR 0.08 a share)

Record Date

Shareholders registered in the company's shareholders register at Edaa at the end of the second trading day following the due date.

Payment Date

Later

 

Shareholders will vote on the board’s recommendation to transfer the statutory reserve of SAR 3.06 million as of Dec. 31, 2024 to retained earnings, the company said in a statement on Tadawul.

 

They will also vote on authorizing the board to distribute interim dividends, either semi-annually or quarterly, for the fiscal year ending Dec. 31, 2025, the statement added.

Comments {{getCommentCount()}}

Be the first to comment

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.