Obeikan Glass board approves 20% cash dividend for 2023

28/12/2023 Argaam
Obeikan Glass manufacturing facility

Obeikan Glass manufacturing facility

Obeikan Glass Co.’s board of directors declared on Dec. 27 the payment of a cash dividend at 20% of capital, or SAR 2 a share, for 2023, according to a statement to Tadawul.

 

Cash Dividend Details

Current Capital

SAR 320 mln

Number of Shares

32 mln

Total Dividend

SAR 64 mln

Percentage of Capital

20% or SAR 2 a share

Record Date

March 25, 2024 (Shareholders registered with Edaa on the second trading day after the record date)

Payment Date

April 1, 2024

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