Benaa Recommends Distributing Cash Dividends of SAR 0.90 per Share for 2023

Benaa Steel Industries Company announced on Tuesday the recommendation of the Board of Directors to the General Assembly to distribute cash dividends to shareholders for 2023 in the amount of SAR 4.5 million, equivalent to 9% of the nominal value of the share.

The number of shares entitled to dividends is 5 million shares at SAR 0.90 per share, where the eligibility of cash dividends shall be for the shareholders who own the shares registered in the company’s shareholder register in EDAA center, at the end of the second trading day after the date in which the Company’s General Assembly is convened, which will be announced later.

According to the company, the distribution date will be determined later, once the General Assembly approves dividends distribution recommendation.