ALMUNEEF Recommends 2024 Cash Dividends at 25 Halalas per Share

Almuneef Trading, Industry, Agriculture and Contracting Co. announced on Monday that its Board of Directors recommended distributing cash dividends totalling SAR 9.5 million for the fiscal year ending December 31, 2024.

The proposed dividend amounts to 25 halalas per share, with 38 million shares eligible. The entitlement will be for shareholders holding shares at the close of trading on the date of the company’s General Assembly Meeting, yet to be announced, and registered in the company’s records with the Securities Depository Centre Company (Edaa) by the end of the second trading day following the meeting date, pending the necessary official approvals.