Riyadh Cables BOD Decides to Distribute 15% Cash Dividends for H1 2024

Riyadh Cables Group Company announced on Wednesday the Board of Directors’ decision to distribute interim cash dividends to shareholders for the first half of 2024, with a total distributed amount of 224.57 million riyals. The dividend per share will be 1.5 riyals, with a distribution ratio of 15% to the nominal share value.

The company said that 149.71 million shares are entitled to dividends, and the distribution date will be within 15 business days from the date of entitlement.