MESC declares 5% dividend for H1 2025

30/06/2025 Argaam
Logo ofMiddle East Specialized Cables Co. (MESC)

Logo of Middle East Specialized Cables Co. (MESC) 

Middle East Specialized Cables Co. (MESC) said its board of directors recommended a cash dividend at 5% of capital, or SAR 0.50 per share, for H1 2025, according to a statement to Tadawul.

 

Dividend Details (H1 2025)

Current Capital

SAR 400 mln

Number of Shares

40 mln

Total Dividend

SAR 20 mln

Dividend Percentage

5% (SAR 0.5 per share)

Record date

June 17, 2025 (Shareholders registered with Edaa at the end of the second trading day following the EGM date)

Payment Date

July 8, 2025
 

According to data available with Argaam, this will be the company's first cash dividend distribution since 2010. Its last dividend distribution was at 10%, or SAR 1 per share, for 2009.

 

For more news on listed companies

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.