Balady Poultry board decides on dividend freeze for H2 2024

29/04/2025 Argaam

Balady Poultry board decides on dividend freeze for H2 2024

Logo of Balady Poultry Co.

Balady Poultry Co.’s board of directors decided to withhold dividends for H2 2024 to support the company's expansion plan, the company said in a statement to Tadawul today, April 29.

 

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The board's decision will be presented for a shareholder vote at the upcoming general assembly, the date for which is to be determined, it added.

 

According to data available on Argaam, the company distributed 20% cash dividend (SAR 2 per share) for H1 2024.

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