Buruj shareholders approve no dividend for 2024

30/06/2025 Argaam
Logo ofBuruj Cooperative Insurance Co.

Logo of Buruj Cooperative Insurance Co.

Buruj Cooperative Insurance Co.’s shareholders approved on June 29 the board’s proposal for paying no dividend for 2024, according to a statement to Tadawul.

 

In addition, shareholders approved discharging board members from liability for 2024.

 

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Last March, Buruj’s board of directors recommended withholding cash dividends to help strengthen the company's financial position, Argaam earlier reported.

 

The company’s last dividend payout was in 2019, when it distributed dividends at 10% of capital, or SAR 1 per share, for 2018.

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