AlBabtain Food shareholders nod to 5% cash dividend for 2024

03/06/2025 Argaam
Logo ofAl-Babtain Power and Telecommunication Co.

Logo of Al-Babtain Power and Telecommunication Co.

Shareholders of Abdulaziz and Mansour Ibrahim AlBabtain Co. (AlBabtain Food) greenlit on June 2 the payment of a 5% cash dividend, or SAR 0. 5 per share, for 2024, the company said in a statement to Tadawul.

 

Dividend Details (2024)

Current capital

SAR 34 mln

Number of shares

3.4 mln

Dividend

SAR 1.7 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

June 2, 2025 (Shareholders registered with Edaa by the close of the second trading day following the general meeting date, to be set)

Payment date

June 22, 2025

 

In a statement to Tadawul, AlBabtain Food added that the board of directors was authorized to pay semi-annual or quarterly dividends for 2025.

 

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