Burgerizzr board proposes 14.2% cash dividend for 2023

26/02/2024 Argaam
Logo of Shatirah House Restaurant Co. (Burgerizzr)

Logo of Shatirah House Restaurant Co. (Burgerizzr)

Shatirah House Restaurant Co.’s (Burgerizzr) board of directors recommended distributing a cash dividend of SAR 0.14 per share, or 14.2% of the capital, for 2023 during the ordinary general meeting (OGM) held on Feb. 25, according to a Tadawul statement.

 

Cash Dividend (2023)

Capital 

SAR 35 mln

Number of Shares

35 mln 

Par Value after Stock Split

SAR 1 per share

Total Dividend 

SAR 4.9 mln*

Percentage of Capital 

14.2% (SAR 0.14 per share) 

Record Date 

April 2, 2024, Shareholders of record on the general meeting date and those registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day following the general meeting date.

Payment Date 

April 28, 2024
*The amount is adjusted as a result of rounding the dividend per share to two decimals: 0.14

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