Friday, 3 May 2024

Tanmiah BOD recommends distributing SAR 70 mln dividends for the year 2022

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Tanmiah Food Company announced on Thursday the Board of Directors recommendation to distribute cash dividends for the fiscal year 2022, with a total of SAR 70 million, provided that the share of the distribution is SAR 3.5 per share, with a distribution ratio to the nominal share value of 35%.
The company said that the number of shares due for dividends is 20 million shares, and the distribution date will be announced at a later date.
The eligibility of dividends shall be for those who own the Company’s shares at the end of the day in which the Company’s General Assembly is convened and are registered in the Company’s register at the Securities Depository Center Company (EDAA) by the end of the second trading day following the day of the Company’s General Assembly meeting (eligibility date), which will be announced at a later date.Tanmiah Food Company announced on Thursday the Board of Directors recommendation to distribute cash dividends for the fiscal year 2022, with a total of SAR 70 million, provided that the share of the distribution is SAR 3.5 per share, with a distribution ratio to the nominal share value of 35%.
The company said that the number of shares due for dividends is 20 million shares, and the distribution date will be announced at a later date.
The eligibility of dividends shall be for those who own the Company’s shares at the end of the day in which the Company’s General Assembly is convened and are registered in the Company’s register at the Securities Depository Center Company (EDAA) by the end of the second trading day following the day of the Company’s General Assembly meeting (eligibility date), which will be announced at a later date.

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