Alwasail shareholders approve 7.5% cash dividend for 2022

02/05/2023 Argaam
Logo ofAlwasail Industrial Co.

Logo of Alwasail Industrial Co.

Alwasail Industrial Co.’s shareholders approved a board proposal to distribute cash dividend at 7.5% of capital, or SAR 0.75 a share, for 2022, according to a filing to Tadawul.

 

Dividend Details (2022)

Current Capital

SAR 250 mln

Number of Shares

25 mln

Total Dividend

SAR 18.75 mln

Percentage of Capital

7.5% (SAR 0.75 a share)

Record Date

May 1, 2023, including shareholders registered with Edaa on the second trading day following the record date.

Payment Date

May 11, 2023

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