Baazeem Trading Co.’s shareholders are set to vote on a board of directors recommendation of an 11% cash dividend for the second half of 2023, during the extraordinary general meeting (EGM) that will be held on May 14, according to a Tadawul statement.
Shareholders will also vote on other items including amending bylaws and related party transactions.
Dividend Details (H2 2023)
Current Capital
SAR 101.25 mln
Number of Shares
10.13 mln
Dividend
SAR 11.14 mln
Percentage of Capital
11% (SAR 1.10 per share)
Record Date
Shareholders registered with Edaa by the close of trading on the second trading day following the general assembly date, to be set later
Payment Date
To be set later
Full-Year Dividends (2023)
Total Dividend
SAR 18.2 mln
Percentage of Capital
18% (SAR 1.8 per unit)
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