AlBabtain Food board proposes 5% cash dividend for H1 2023

28/03/2024 Argaam

AlBabtain Food board proposes 5% cash dividend for H1 2023

Logo of Abdulaziz and Mansour Ibrahim AlBabtain Co. (AlBabtain Food) 

Abdulaziz and Mansour Ibrahim AlBabtain Co.’s (AlBabtain Food) board of directors recommended on March 27, a 5% cash dividend, at SAR 0.5 per share, for the first half of 2023.

 

Dividend Details (H1 2023)

Current capital

SAR 34 mln

Number of shares

3.4 mln

Dividend

SAR 1.7 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

Shareholders on the EGM date and those registered with the Securities Depository Center (Edaa) by the close of the second day following the EGM date, which will be set later

Payment date

To be determined

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