SAMA Water shareholders approve 8% cash dividend for 2024

16/06/2025 Argaam
Logo of Sama Healthy Water Factory Co.

Logo of Sama Healthy Water Factory Co.


SAMA Healthy Water Factory Co.’s shareholders approved the board recommendation to distribute cash dividends at 8% of capital, or SAR 0.08 a share, for 2024 during an extraordinary general meeting (EGM) on June 15, according to a statement to Tadawul.

 

Cash Dividends (2024)

Current Capital

SAR 50 mln

Number of Shares

50 mln

Nominal Value

SAR 1/share

Total Dividends

SAR 4 mln

Percentage of Capital

8% (SAR 0.08 a share)

Record Date

June 15, 2025 (Shareholders registered in the company's shareholders register at Edaa at the end of the second trading day following the record date)

Payment Date

June 25, 2025

 

Shareholders also approved a recommendation to transfer the statutory reserve of SAR 3.06 million as of Dec. 31, 2024, to retained earnings.

 

Moreover, they agreed to authorize the board to distribute interim dividends, either semi-annually or quarterly, for 2025, the statement added.

 

For more news on listed companies

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.