Logo ofAl-Modawat Specialized Medical Co.
Al-Modawat Specialized Medical Co. stated that if the extraordinary general meeting (EGM) approves the capital hike, the number of shares eligible for the H1 2025 dividends (second and third installments) will rise to 71.25 million shares, up from 23.75 million shares. 
The company explained in a statement to Tadawul that the dividend per share will accordingly change to SAR 0.01 instead of SAR 0.03 per installment, with the payout ratio to the nominal share value adjusted to 1% instead of 3% per installment.
The capital increase through bonus shares will not affect the total dividends due to each shareholder, as the per-share dividend will be recalculated proportionally to the increased number of shares after the bonus issuance.
The company also noted that there will be no change in the financial impact.
According to available data on Argaam, Al-Modawat’s board of directors recommended in April increasing the company’s capital through a 2-for-1 bonus share distribution, by capitalizing SAR 47.5 million from the issuance premium balance.
In September, the board approved distributing cash dividends of 9% (equivalent to SAR 0.09 per share) to shareholders over three installments for the first half of 2025.
Logo ofAl-Modawat Specialized Medical Co.
Al-Modawat Specialized Medical Co. stated that if the extraordinary general meeting (EGM) approves the capital hike, the number of shares eligible for the H1 2025 dividends (second and third installments) will rise to 71.25 million shares, up from 23.75 million shares.
The company explained in a statement to Tadawul that the dividend per share will accordingly change to SAR 0.01 instead of SAR 0.03 per installment, with the payout ratio to the nominal share value adjusted to 1% instead of 3% per installment.
The capital increase through bonus shares will not affect the total dividends due to each shareholder, as the per-share dividend will be recalculated proportionally to the increased number of shares after the bonus issuance.
The company also noted that there will be no change in the financial impact.
According to available data on Argaam, Al-Modawat’s board of directors recommended in April increasing the company’s capital through a 2-for-1 bonus share distribution, by capitalizing SAR 47.5 million from the issuance premium balance.
In September, the board approved distributing cash dividends of 9% (equivalent to SAR 0.09 per share) to shareholders over three installments for the first half of 2025.
