Knowledge Tower shareholders approve 12.5% cash dividend for FY 2021/22

13/02/2023 Argaam
Logo ofKnowledge Tower Trading Co.

Logo of Knowledge Tower Trading Co.

Knowledge Tower Trading Co.’s shareholders approved the board's recommendation to distribute a cash dividend at 12.5% of capital (SAR 1.25 per share) for the fiscal year ended on March 31, 2022, during an ordinary general meeting (OGM) held on Feb. 12, as follows:

 

Dividend Details

Current Capital

SAR 17.50 mln

Number of Shares

1.75 mln

Total Dividend

SAR 2.19 mln

Percentage of Capital

12.5% (SAR 1.25 per share)

Record Date

Feb. 12, 2023 (Shareholders registered with Edaa by the close of the second trading day following the OGM)

Payment Date

March 1, 2023

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