Zain KSA Board Recommends SAR 449.4 Million Cash Dividends for 2024

Mobile Telecommunications Company Saudi Arabia (Zain KSA) announced on Tuesday, February 18 that its Board of Directors has recommended distributing SAR 449.36 million in cash dividends to shareholders for the fiscal year 2024, equivalent to 5% of the nominal share value.

According to the statement published on Tadawul, the number of shares eligible for dividends stands at 898.7 million, with a distribution of SAR 0.5 per share.

The entitlement to cash dividends will be for shareholders owning shares on the eligibility date and registered in the company’s shareholder registry at the Securities Depository Center Company (Edaa) by the end of the second trading day following the General Assembly meeting, the date of which will be announced later.