Ladun Investment BOD distributes SR15 mln cash dividends for H1

The Ladun Investment Company board of directors announced on Wednesday the board of directors’ recommendation of cash dividends of 30 Halalas/Share for the period from 01.01.2022 to 30.06.2022, with a total distributed amount of SR15,000,000, provided that the share of the distribution is 0.30 halalas per share, with a distribution ratio to the value of the share nominal %3.
The company said in a statement on Wednesday on Tadawul that the number of shares entitled to dividends is 50,000,000 shares, and the distribution date will be announced later.
The eligibility for cash dividends will be for shareholders owning shares on the due date who are registered in the company’s shareholders register at the Depository Center at the end of the second trading day following the day of the company’s general assembly meeting (the maturity day), which will be announced later.
The date of the general assembly of shareholders will also be set after obtaining the statutory approvals, through which the recommendation of the Board of Directors will be approved in this regard.