Saudi Networkers shareholders approve 20% cash dividend for H1 2023

10/10/2023 Argaam

Saudi Networkers shareholders approve 20% cash dividend for H1 2023

Logo of Saudi Networkers Services Co.

Shareholders of Saudi Networkers Services Co. (SNS) approved the board’s recommendation to pay cash dividends of SAR 2 per share, or 20% of capital, for H1 2023. 

 

The approval took place during the ordinary general meeting (OGM) held on Oct. 9. 

 

Dividend Details

Current capital

SAR 60 mln

Number of shares

6 mln

Dividend

SAR 12 mln

Percentage of capital

20% (SAR 2 per share)

Record date

Oct. 9, 2023 (Shareholders registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day following the record date) 

Payment date

Oct. 22, 2023

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