Pan Gulf shareholders vote June 15 on 10% dividend for 2024

29/04/2025 Argaam

Pan Gulf shareholders vote June 15 on 10% dividend for 2024

Logo of Pan Gulf Marketing Co. 

Shareholders of Pan Gulf Marketing Co. are set to vote on a board recommendation to distribute cash dividend at SAR 1 per share, or 10% of capital, for 2024, during an ordinary general assembly (OGM) scheduled for June 15.

 

Dividend Details

Current Capital

SAR 75 mln

Number of Shares

7.5 mln

Total Dividend

SAR 7.5 mln

Percentage of Capital

10% (SAR 1 per share)

Record Date

Shareholders registered at the end of the general meeting, date for which will be announced

Payment Date

Within 15 business days from record date
 

According to data compiled by Argaam, Pan Gulf’s board of directors recently recommended a cash dividend at SAR 1 per share, or 10% of capital, for 2024.

 

The distribution will be the first cash dividend since the company’s debut on Nomu-Parallel Market in February 2024.

 

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