‎“Riyadh Cables” BOD recommends distributing SR225 mln cash ‎dividends for 2022‎

Riyadh Cables Co. announced the recommendation of the Board of Directors to distribute 225 cash dividends to shareholders for the year 2022, equivalent to 15% of the nominal value of the share.

The company stated that the number of shares due for profits is 150 million shares at 1.50 riyals per share, provided that the eligibility date for the shareholders who own shares is at the end of trading on the day of the company’s general assembly and those registered in the company’s shareholder register at the Securities Depository Center at the end of the second trading day following the date Assembly meeting.