Obeikan Glass distributes SR64 million cash dividends for H2, ‎‎2023‎

Obeikan Glass Company announced the Board of Directors’ decision to distribute 64 million riyals in cash dividends to shareholders for the second half of 2023, equivalent to 20% of the nominal value of the share.

The number of shares eligible for dividends reached 32 million shares at two riyals per share, provided that the eligibility for distributed dividends is for shareholders who own shares on the due date, Monday, March 25, 2024, and who are registered with the Securities Depository Center at the end of the second trading day following the due date.

The distribution will be on April 1, 2024, via direct transfer to the bank accounts linked to the shareholders’ investment portfolios, and the company calls upon shareholders to update their data with the banks in which their accounts are held to ensure that their due profits are deposited directly and without delay.