Al-Babtain Food BOD recommends distributing SR1.7 mln cash dividends for H1

Abdulaziz and Mansour Ibrahim Al-Babtain Company (Al-Babtain Food) announced on Monday the recommendation of the Board of Directors of the company, in its meeting on Sunday 11-12-2022, to distribute cash dividends to shareholders for the first half of 2022.

The company said on Tadawul that the number of shares eligible for dividends    is 3,400,000. The shares dividend per share is SR       0.5. The eligibility of profits for the company’s shareholders who own shares on the day of the extraordinary general assembly and who are registered with the Securities Depository Center Company at the end of the second trading day following the day of the extraordinary general assembly, which will be determined later.

The company calls upon its valued shareholders to update their data and ensure that bank account numbers are linked to investment portfolios to ensure that their profits are received without delay.