Bahri BOD recommends distribution of SAR 246.09 mln in cash dividends for the year 2022

The National Shipping Company of Saudi Arabia (Bahri) announced on Wednesday that the Board recommendation to distribute cash dividends to Shareholders for the year 2022, with the total amount distributed being SAR 246,093,750, provided that the dividend per share from the distribution is SAR 0.50 per share, with a distribution ratio to the nominal share value of 5%.

The company said today on “Tadawul” that the number of shares eligible for dividends is 492,187,500 shares, and the distribution date will be announced later.

The eligibility of Cash dividends will be to Shareholders who own the company shares on the Eligibility date and are enrolled in the Company’s register at Securities Depository Center Company (Edaa) by the end of the second trading day of the day of the Extraordinary General Assembly Meeting of the company, which will be announced later.

The company calls upon its Shareholders to quickly update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their dividend are deposited in their accounts with the banks on the distribution day and that all the certificates they hold should be deposited in their portfolios through submission to the Securities Depository Center Company (Edaa): Riyadh. King Fahd Road. Towers Cooperative, or sent on PO Box 60612 Riyadh.