Alwasail board recommends 10% cash dividend for 2023

28/03/2024 Argaam

Alwasail board recommends 10% cash dividend for 2023

Logo of Alwasail Industrial Co.


Alwasail Industrial Co.’s board of directors recommended on March 27 a 10% cash dividend, or SAR 0.1 per share, for 2023, the company said in a statement to Tadawul.

 

Cash Dividend (2023)

Capital 

SAR 250 mln

Number of Shares

250 mln 

Share Par Value

SAR 1/sahre

Total Dividend 

SAR 25 mln 

Percentage of Capital 

10% (SAR 0.1 per share) 

Record Date 

Shareholders registered with the Securities Depository Center Co. (Edaa) at date of holding the general assembly meeting.

Payment Date 

Will be announced later

 

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