MBG BOD Approves 20% Cash Dividend for H2 2024

Multi Business Group Co. (MBG) announced on Sunday the Board of Directors’ decision to distribute cash dividends to shareholders for the second half of 2024, with a total distributed amount of SAR 3 million, with the share of the distribution being SAR 0.20, and the distribution ratio to the nominal share value being 20%.

The Company stated today on “Tadawul” that the number of shares entitled to dividends is 15 million shares, indicating that the distribution date will be on March 06.

The eligibility for dividends will be for shareholders who own the Company’s shares at the end of trading on Feb. 20, 2025, and who are registered in the company’s shareholders’ register at the Depository Centre (Edaa) at the end of the second trading day following the eligibility date.