Theeb shareholders authorize board to pay interim dividends for 2023

One of Theeb Rent a Car’s branches

Shareholders of Theeb Rent a Car Co. approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2023, during an ordinary general meeting (OGM) held on May 23.

In a statement to Tadawul, the company pointed out that shareholders also approved all the other OGM agenda items.

The company paid a 22% cash dividend at SAR 2.2 per share for 2022, on quarterly basis, totaling SAR 94.6 million, Argaam earlier reported.