Friday, 1 March 2024

CMCER BOD decides to distribute SAR 3.8 mln cash dividends for the second half

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Canadian Medical Center Co announced on Sunday the decision of the Board of Directors to distribute SAR 3.8 million in cash dividends to shareholders for the second half of the year 2022, representing 5% of the nominal value of the share.

The Company added that the number of shares eligible for dividends amounted to 7.7 million shares, at 0.5 riyals per share, provided that the eligibility of dividends shall be for the shareholders who own shares on closing of 30/03/2023 and registered in the Securities Depository Center Company (Depository Center) at the end of the second trading day following the date of maturity.

Accordingly, the company would like to announce to its valued shareholders that dividends will be distributed automatically by depositing in the investment accounts linked to the shareholders’ portfolios at all banks, starting on Thursday, 13-04-2023 , through Saudi Fransi Bank.

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