Publisher: Maaal International Media Company
License: 465734
Arabian Company for Agricultural and Industrial Investment (Entaj) announced on Thursday that its Extraordinary General Assembly Meeting has approved a recommendation from the board of directors to distribute 15 million Saudi riyals ($4 million) in cash dividends to shareholders for the fiscal year 2024.
The dividend amounts to 0.5 riyals per share, representing 5% of the nominal value of each share.
Entaj stated that shareholders registered at the close of trading on the day of the General Assembly meeting, and those recorded in the company’s shareholder registry at the Depository Centre (Edaa) by the end of the second trading day following the meeting, will be eligible for the dividend. Distribution of the dividends is set to begin on July 9, 2025.