AI Summary
Nomu-listed Service Equipment Co. approves a cash dividend of SAR 1.5 a share for H1 2025 and transfer of statutory reserve to retained earnings
Service Equipment Co.’s shareholders approved the board’s recommendation to pay a cash dividend at 15%, or SAR 1.5 a share, for H1 2025, during the extraordinary general meeting (EGM), held on Oct. 2, according to a statement to Tadawul.
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Dividend Details |
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Current Capital |
SAR 24 mln |
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Number of Shares |
2.4 mln |
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Total Dividends |
SAR 3.6 mln |
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Percentage |
15% (SAR 1.5 a share) |
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Record Date |
Oct. 2, 2025, for shareholders of record and those registered with Edaa on the second trading day following the record date |
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Payment Date |
15 business days from the record date |
Shareholders further endorsed transferring the statutory reserve of SAR 600,000, as per financial statements for the period ended June 30, 2025, to retained earnings, the statement added.
They also authorized the board to pay interim dividends for 2025 on a quarterly or semi-annual basis.
Additionally, a sum of SAR 212,170 was disbursed as a board bonus for the period from June 10, 2024, until Dec. 31, 2024, the statement added.
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