Al Abdullatif shareholders authorize board to pay interim dividends for 2021

AlAbdullatif Industrial Investment Co.’s headquarters

AlAbdullatif Industrial Investment Co.’s shareholders authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2021, during the ordinary general assembly meeting (OGM) held on June 15.

They also approved all other items on the meeting agenda, including related-party transactions and business contracts, valued at SAR 35.9 million in 2020, in which some board members have indirect interest, the company said in a bourse statement.

According to the data available with Argaam, the company last paid a cash dividend of SAR 0.25 per share in 2018.