Riyal Investment shareholders OK 5% cash dividend for 2024

26/05/2025 Argaam
Logo ofRiyal Investment and Development Co.

Logo of Riyal Investment and Development Co.


Riyal Investment and Development Co.'s shareholders approved the board’s recommendation to distribute a cash dividend at 5% of capital, or SAR 0.5 per share, for 2024 in an extraordinary general meeting on May 25, the company said in a statement to Tadawul.

 

Dividend Details (2024)

Current Capital

SAR 80 million

Number of Shares

8 mln

Nominal Value

SAR 0.5/share

Total Dividend

SAR 4 mln

Percentage of Capital

5% (SAR 0.5 per share)

Record Date

May 25,2025

Payment Date

Within 15 days of record date.

 

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