‎Riyadh Steel board proposes 5% dividend for 2025

Riyadh Steel Co.’s board of directors recommended paying a cash dividend at 5%, or 0.05 a share, according to a statement to Tadawul.

Cash Dividend Details

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Current Capital

SAR 70 mln

Number of Shares

70 mln

Total Dividends

SAR 3.5 mln

Percentage of Capital

5% (SAR 0.05 a share)

Record Date

Shareholders of record, who are registered with Edaa, on the second trading day, following the general meeting date.

Date of Payment

To be determined later

According to data available on Argaam, this marks Riyadh Steel’s first cash dividend distribution since its listing on the Nomu-Parallel market in December 2023.

Riyadh Steel Co.’s board of directors recommended paying a cash dividend at 5%, or 0.05 a share, according to a statement to Tadawul.

Cash Dividend Details

Current Capital

SAR 70 mln

Number of Shares

70 mln

Total Dividends

SAR 3.5 mln

Percentage of Capital

5% (SAR 0.05 a share)

Record Date

Shareholders of record, who are registered with Edaa, on the second trading day, following the general meeting date.

Date of Payment

To be determined later

According to data available on Argaam, this marks Riyadh Steel’s first cash dividend distribution since its listing on the Nomu-Parallel market in December 2023.