Al-Babtain authorizes board to pay interim dividends for 2025
Logo ofAl-Babtain Power and Telecommunication Co.
Logo of Al-Babtain Power and Telecommunication Co.
Al-Babtain Power and Telecommunication Co.’s shareholders approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025, during the ordinary general meeting (OGM), held on May 22, according to a statement to
Tadawul.
The remaining agenda items were also approved during the meeting.
The company had distributed cash dividends for 2024 at 15%, or SAR 1.5 per share, data compiled with Argaam showed.
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