Raoom Trading shareholders approve 10% cash dividend for H2 2022

01/05/2023 Argaam
Logo ofRaoom Trading Co.

Logo of Raoom Trading Co.


Raoom Trading Co.’s shareholders approved the board’s recommendation to pay a cash dividend at 10%, or SAR 1 a share for H2 2022, during the ordinary general meeting held on April 30, according to a statement to Tadawul.

 

Dividend Details (H2 2022)

Current Capital

SAR 62.5 mln

No. of Shares

6.25 mln

Total Dividend

SAR 6.25 mln

Percentage of Capital

10% (SAR 1 a share)

Record Date

April 30, 2023 (Shareholders of record registered with Edaa on the second trading day following the record date)

Payment Date

May 9, 2023

Dividend Details (2022)

Total Dividend

SAR 12.50 mln

Percentage of Capital

20% (SAR 2 a share)

 

Shareholders also approved authorizing the board of directors to distribute an interim dividend for 2023 on a semi-annual or a quarterly basis, the statement added.

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