Logo of Alwasail Industrial Co.
Alwasail Industrial Co.’s board of directors recommended, on March 13, paying a cash dividend at 5% of capital or SAR 0.5 a share for 2021, according to a bourse filing.
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Cash Payment Details |
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Current Capital |
SAR 250 mln |
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Number of Shares |
25 mln |
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Total Dividend |
SAR 12.5 mln |
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Percentage of Capital |
5% (SAR 0.50 a share) |
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Record Date |
Shareholders of record on the date of the general meeting, which will be determined later |
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Payment Date |
Within a month from the date of the company’s general meeting, which will be determined later |
This is the first time in which the company pays dividend since it has listed its shares on the Nomu Parallel Market on Jan. 18, 2022.
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