Al-Jouf Agricultural distributes SAR 15 mln in cash dividends for H2 of 2023

Al-Jouf Agricultural Development Co. announced on Wednesday the board of director’s decision to distribute SAR 15 million in cash dividends for the second half of fiscal year 2023, equivalent to 5% of the nominal value of the share.

The number of eligible shares reached 30 million shares at 0.50 riyals for each share, provided that the eligibility is for shareholders who own shares at the end of trading of 15-04-2024, and who are registered in the company’s shareholders register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the maturity date. The distribution Date will be within 15 working days from the due date.