‎Service Equipment shareholders OK 15% dividends for H1 2025

‎Service Equipment shareholders OK 15% dividends for H1 2025 ‎Service Equipment shareholders OK 15% dividends for H1 2025

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Logo ofService Equipment Co.

Service Equipment Co.’s shareholders approved the board’s recommendation to pay a cash dividend at 15%, or 1.5 a share, for H1 2025, during the extraordinary general meeting (EGM), held on Oct. 2, according to a statement to Tadawul.

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Dividend Details

Current Capital

SAR 24 mln

Number of Shares

2.4 mln

Total Dividends

SAR 3.6 mln

Percentage

15% (SAR 1.5 a share)

Record Date

Oct. 2, 2025, for shareholders of record and those registered with Edaa on the second trading day following the record date

Payment Date

15 business days from the record date

They further endorsed transferring the statutory reserve amounting to SAR 600,000, as per financial statements for the period ended June 30, 2025, to retained earnings, the statement added.

Shareholders also authorized the board to pay interim dividends for 2025 on a quarterly, or semi-annual basis.

Additionally, a sum of SAR 212,170 was disbursed as a board bonus for the period June 10, 2024 until Dec. 31, 2024, the statement added.

 

Logo ofService Equipment Co.

Service Equipment Co.’s shareholders approved the board’s recommendation to pay a cash dividend at 15%, or 1.5 a share, for H1 2025, during the extraordinary general meeting (EGM), held on Oct. 2, according to a statement to Tadawul.

Dividend Details

Current Capital

SAR 24 mln

Number of Shares

2.4 mln

Total Dividends

SAR 3.6 mln

Percentage

15% (SAR 1.5 a share)

Record Date

Oct. 2, 2025, for shareholders of record and those registered with Edaa on the second trading day following the record date

Payment Date

15 business days from the record date

They further endorsed transferring the statutory reserve amounting to SAR 600,000, as per financial statements for the period ended June 30, 2025, to retained earnings, the statement added.

Shareholders also authorized the board to pay interim dividends for 2025 on a quarterly, or semi-annual basis.

Additionally, a sum of SAR 212,170 was disbursed as a board bonus for the period June 10, 2024 until Dec. 31, 2024, the statement added.

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