‎Mufeed board approves 50% cash dividend for H1 2024

‎Mufeed board approves 50% cash dividend for H1 2024 ‎Mufeed board approves 50% cash dividend for H1 2024

​‎

Logo ofMufeed Co.

Mufeed Co. announced on Thursday, December 12th, that its board of directors has approved a cash dividend of 5% of the capital (SAR 5 per share) for the first half of 2024, as detailed in the following table:

Advertisement

Dividend Details (H1 2024)

Current Capital

SAR 66 mln

No. of Shares

6.60 mln

Total Dividend

SAR 33 mln

Percentage of Capital

50% (SAR 5 a share)

Record Date

Dec. 18, 2024

Payment Date

Dec. 23, 2024

According to Argaam, this marks the first cash dividend distribution by Mufeed since its listing on the Nomu Parallel Market last November.

 

Logo ofMufeed Co.

Mufeed Co. announced on Thursday, December 12th, that its board of directors has approved a cash dividend of 5% of the capital (SAR 5 per share) for the first half of 2024, as detailed in the following table:

Dividend Details (H1 2024)

Current Capital

SAR 66 mln

No. of Shares

6.60 mln

Total Dividend

SAR 33 mln

Percentage of Capital

50% (SAR 5 a share)

Record Date

Dec. 18, 2024

Payment Date

Dec. 23, 2024

According to Argaam, this marks the first cash dividend distribution by Mufeed since its listing on the Nomu Parallel Market last November.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement