Baazeem Trading Co. announced on Tuesday that its Board of Directors has approved the distribution of SAR 7 million in cash dividends to shareholders for the first half of the fiscal year 2024, representing 7% of the nominal value per share.
A total of 100.1 million shares are eligible for the dividend, with a distribution of SAR 0.07 per share.
The dividends will be eligible to shareholders who own shares at the close of trading on Sunday, August 25, 2024, and are registered in the company’s shareholder register at the Securities Depository Center (Edaa) by the end of the second trading day following the maturity date.
The distribution will be executed through direct transfers to bank accounts linked to the shareholders’ investment portfolios.
