Al Rashid Industrial EGM OKs 10% cash dividend for 2023

23/06/2024 Argaam
Logo ofAl Rashid Industrial Co.

Logo of Al Rashid Industrial Co.

Al Rashid Industrial Co.'s shareholders approved a board of directors’ recommendation to distribute a 10% cash dividend, at SAR 1 per share, for 2023, during the extraordinary general meeting (EGM) held on June 13, according to a Tadawul statement.

 

Dividend Details (2023)

Current Capital

SAR 80 mln

Number of Shares

8 mln

Total Dividend

SAR 8 mln

Percentage of Capital

10% (SAR 1 per share)

Record Date

June 13, 2024 (Shareholders of record by the close of trading on the second trading day following the record date)

Payment Date

July 11, 2024
 

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