Americana board recommends $180M special, annual dividend

15/02/2024 Argaam

Americana board recommends $180M special, annual dividend

Logo of Americana Restaurants International Plc


Americana Restaurants International PLC’s board of directors recommended the payment of $130 million as cash dividends for 2023, in addition to $50 million special one-time dividend, as follows:

 

Dividend Details (2023)

Current capital

SAR 631.77 mln (AED 618.53 mln)

Number of shares

8.42 bln

Total Dividend

$130 mln (SAR 488 mln or AED 477 mln)

Cash dividend per share

$0.0154 (SAR 0.0579)

Special dividend

$50 mln (SAR 187.5 mln or AED 183.6 mln)

Special dividend per share

$0.0059 (SAR 0.0223)

Dividend to par value ratio

106.9%

Eligibility

Shareholders on the general assembly date, and those registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day following the record date

Payment date

To be announced

 

The dividend distribution process is subject to shareholders approval at the annual general assembly, the date for which will be announced later, the statement said.

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