Almuneef EGM to vote on 25% cash dividend for 2024 on June 29

04/06/2025 Argaam
Logo ofAlmuneef Company for Trade, Industry, Agriculture and Contracting

Logo of Almuneef Company for Trade, Industry, Agriculture and Contracting

Shareholders of Almuneef Company for Trade, Industry, Agriculture and Contracting will vote on the board’s recommendation to distribute cash dividends at 25% of capital, or SAR 0.25 a share, for 2024, during an extraordinary general meeting (EGM) on June 29, according to a statement to Tadawul.

 

Dividend Details

Current Capital

SAR 38 mln

Number of Shares

38 mln

Total Dividends

SAR 9.5 mln

Percentage of Capital

5% (SAR 0.25 a share)

Record Date

.June 29, 2025 (shareholders of record and those registered with Edaa on the second trading day following the general meeting date

Date of Payment

Within 15 days from record date

 

Shareholders will also discuss transferring the statutory reserve of SAR 4.11 million, as recorded in the 2024 financial statements, to retained earnings, the statement added.

 

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