Balady GA agrees to distribute SAR 6.5 mln cash dividends for the Q1

Balady Poultry Trading Company announced on Sunday the results of the Ordinary General Assembly meeting (the first meeting), which was held – remotely – at (30: 6 pm) on Thursday 20- 07- 2023.

Voting Results:

– Approval of the recommendation of the board of directors to distribute cash dividends in the amount of (6,570,000) riyals to shareholders for the first quarter of 2023 in the amount of (one riyals per share) equivalent to 10% of the nominal value of the share

The eligibility of the shareholders who own the shares by the end of the trading day of the Ordinary General Assembly and are registered in the company’s shareholders register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the due date (note that the dividend distribution date is on 25-07-2023).