Ladun Investment’s board recommends 3% cash dividend for H1 2022

07/09/2022 Argaam
Logo of Ladun Investment Co.

Logo of Ladun Investment Co.

Ladun Investment Co.’s board of directors recommended on Sept. 6 the payment of a cash dividend at 3% of capital, or SAR 0.30 a share, for H1 2022, according to a bourse filing.

 

Dividend Details

Current Capital

SAR 500 mln

Number of Shares

50 mln

Total Dividend

SAR 15 mln

Percentage of Capital

3% or SAR 0.30 a share

Record Date

Shareholders registered with Edaa on the second trading day following the general meeting, the date of which will be determined later.

Payment Date

To be determined later

 

This is the first time the company pays dividend since its debut on the Nomu-Parallel Market.   

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