Saudi Top board declares 6% cash dividend for H1

Logo of Saudi Top for Trading Co.

Saudi Top for Trading Co.’s board of directors decided on Aug. 8 to distribute a cash dividend at 60% of capital, or SAR 6 a share, for H1 2023, according to a statement to Tadawul.

 

Shareholder Abdullah Muhammad Al-Ajmi is not entitled to receive these dividends, as he waived his profit.

 

H1 2023 Dividend Details

Current Capital

SAR 40 mln

No. of Shares

4 mln

No. of Shares

1.2 mln

Total Dividend

SAR 7.2 mln

Percentage of Capital*

60%, or SAR 6 a share

Record Date

Aug. 31, 2023 for shareholders of record and those registered with Edaa on the second day of trading following the record date

Date of Payment

Sept. 14, 2023
*Excluding shareholders Abdullah Muhammad Al-Ajmi who waived his profit.

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