Enma AlRawabi board recommends 2.5% cash dividend for H1 2023

Logo of Enma AlRawabi Co.

Enma AlRawabi Co.'s board of directors recommended the distribution of cash dividend at 2.5% of capital, or SAR 0.25 per share, for H1 2023, 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

To shareholders of record and those registered with the Securities Depository Center Co. (Edaa) on the second trading day after the general assembly

Payment Date

To be announced later
 

The company's shareholders disapproved, in June 2022, the board recommendation to pay a cash dividend at 5% of capital (or SAR 0.5 per share), totaling SAR 20 million, for 2021, according to Argaam's data.

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