Twareat OGM approves 25% cash dividend for 2024

01/06/2025 Argaam
Logo ofTwareat Medical Care Co. (TMC)

Logo of Twareat Medical Care Co. (TMC)


Twareat Medical Care Co.’s (TMC) shareholders approved the board of directors’ recommendation to distribute a cash dividend at 25% of capital, or SAR 0.25 a share, for 2024, during the ordinary general meeting (OGM) held on May 29, according to a Tadawul statement.

 

Dividend Details (2024)

Current capital

SAR 40 mln

Number of shares

40 mln

Total Dividend

SAR 10 mln

Percentage of capital

25% (SAR 0.25 per share)

Record date

May 29, 2025 (Shareholders registered with Edaa at the end of the second trading day following the general assembly)

Payment date

June 18, 2025

 

This is the company’s first dividend payout since its listing on the Nomu-Parallel Market in January, according to data available with Argaam.

 

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