Logo ofAl Rashid Industrial Co.
Al Rashid Industrial Co.’s shareholders approved the board of directors’ recommendation to distribute cash dividends at 12.5%, or SAR 1.25 a share for 2024, during the extraordinary general meeting (EGM) held on June 2, 2025, according to a statement to Tadawul.
They also approved authorizing the board to distribute interim dividends on a semi-annual basis.
Shareholders further ratified the transfer of the statutory reserve amounting to SAR 11.66 million, as per financial statements as of Dec. 31, 2024, to retained earnings, the statement added.
Logo ofAl Rashid Industrial Co.
Al Rashid Industrial Co.’s shareholders approved the board of directors’ recommendation to distribute cash dividends at 12.5%, or SAR 1.25 a share for 2024, during the extraordinary general meeting (EGM) held on June 2, 2025, according to a statement to Tadawul.
They also approved authorizing the board to distribute interim dividends on a semi-annual basis.
Shareholders further ratified the transfer of the statutory reserve amounting to SAR 11.66 million, as per financial statements as of Dec. 31, 2024, to retained earnings, the statement added.
