Enma AlRawabi shareholders OK 2.5% cash dividend for H1 2023

Logo of Enma AlRawabi Co.

Enma AlRawabi Co.'s shareholders approved the board of directors’ recommendation to distribute cash dividends of SAR 0.25 per share, or 2.5% of the capital, for the first half of 2023.

 

The approval took place during the extraordinary general meeting held yesterday, Oct. 9, according to a statement to Tadawul.

 

Dividend Details (H1 2023)

Capital

SAR 400 mln

Number of Shares

40 mln

Total Dividend

SAR 10 mln

Percentage of Capital

2.5% (or SAR 0.25 per share)

Record Date

Oct. 9, 2023 (Shareholders registered with the Securities Depository Center Co. (Edaa) on the second trading day following the due date).

Payment Date

Oct. 19, 2023
 

Moreover, shareholders agreed to authorize the board to pay interim dividend on a semi-annual or a quarterly basis for 2023, the statement added.

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