Aqaseem shareholders approve 20% cash dividend for 2023

11/07/2024 Argaam
Logo ofAqaseem Factory for Chemicals and Plastics Co.

Logo of Aqaseem Factory for Chemicals and Plastics Co.

Shareholders of Aqaseem Factory for Chemicals and Plastics Co. approved the payment of a cash dividend at 20% of capital, or SAR 2 a share, for 2023, during the ordinary general meeting (OGM) held on July 10, according to a statement to Tadawul.

 

Details of Cash Dividend (2023)

Current Capital

SAR 25 mln

Number of Shares

2.5 mln

Total Dividends

SAR 5 mln

Percentage of Dividends

20% (SAR 2 a share)

Record Date

July 10, 2024 (Shareholders of record who are registered with Edaa on the second trading day following the record date)

Payment Date

Sept. 1, 2024

 

This is the company's first cash dividend payment since its listing on the Nomu-Parallel Market in May 2022, according to data available with Argaam.

 

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