Bawan board proposes dividend freeze for H2 2024

23/03/2025 Argaam

Bawan board proposes dividend freeze for H2 2024

Logo of Bawan Co.

Bawan Co.’s board of directors decided, on March 20, to withhold dividends for H2 2024, according to a statement to Tadawul.

 

 

This came to boost the company’s financial position, and achieve its strategic plans as well as transformational goals while developing its operational activities.

 

Bawan paid a cash dividend at 6% of capital, or SAR 0.60 a share, totaling SAR 36 million for H1 2024, data compiled with Argaam showed.

 

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