Al Rasheed board proposes 20% cash dividend for H2 2024

07/04/2025 Argaam
Logo ofMohammed Hadi Al Rasheed and Partners Co.

Logo of Mohammed Hadi Al Rasheed and Partners Co.

Mohammed Hadi Al Rasheed and Partners Co.'s board of directors recommended distributing a cash dividend at 20% of capital, or SAR 2 per share, for the second half of 2024, the company said in a statement to Tadawul today, April 7.

 

Dividend Details (H2 2024)

Current Capital

SAR 120 mln

No. of Shares

12 mln

Share Par Value

SAR 10/share

Total Dividend

SAR 24 mln

Percentage of Capital

20% (SAR 2 per share)

Record Date

Shareholders registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day following the general assembly’s date.

Payment Date

To be announced after holding the company's general assembly.
 

Total Distributions for 2024

Total Dividend

SAR 48 mln

Percentage of Capital

40% (SAR 4 per share)

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