ProMedEx shareholders approve 28.5% cash dividend for H1 2023
Logo of Professional Medical Expertise Co. (ProMedEx)
Professional Medical Expertise Co.’s (ProMedEx) shareholders approved the board’s proposal to pay a cash dividend at 28.5% of capital, or SAR 2.85 a share, for H1 2023.
The approval was made during the extraordinary general meeting (EGM) held on Jan. 7, according to a filing to Tadawul.
Dividend Details (H1 2023) |
|
Current Capital |
SAR 35 mln |
Number of Shares |
3.5 mln |
Total Dividend |
SAR 10 mln |
Percentage of Capital |
28.5% (SAR 2.85 a share) |
Record Date |
Jan. 7, 2024 (Shareholders registered with Edaa on the second trading day following the record date) |
Payment Date |
Jan. 25, 2024 |
Shareholders also approved authorizing the board to distribute semi-annual interim dividends for 2023.
They also greenlit amending Article 4 of the company's Bylaws related to the company's business, through adding the activity of maintaining medical devices and supplies, and the activity of installing radiological and medical equipment and devices.
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