The board of Almajed Oud Co. recommended on March 5 the payment of a cash dividend at 40%, or SAR 4 per share, for 2024, payable on May 22, according to a statement to Tadawul.
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Dividend Details (2024) |
|
|
Current Capital |
SAR 250 mln |
|
Number of Shares |
25 mln |
|
Dividend |
SAR 100 mln |
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Percentage of Capital |
40% (SAR 4 per share) |
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Record Date |
Shareholders registered with Edaa by the close of the second trading day following the general assembly meeting |
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Payment Date |
May 22, 2025 |
According to data available on Argaam, this will be the first dividend issued by Almajed Oud since its listing on the Main Market (TASI) in October 2024.
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