“Al-Babtain” to start paying dividends for the year 2023

Al-Babtain Power and Communications Company announced that the payment of dividends for the fiscal year period ending on 12/31/2023 AD will be effective June 26 of this year, at the rate of one riyal per share, at a rate of 10% of the nominal value of the share.

It indicated that the eligibility date for shareholders who own shares is Thursday, corresponding to 05/30/2024 AD, and who are registered in the register of the issuer’s shareholders at the Securities Depository Center Company (Depository Center), at the end of the second trading day following the entitlement date.

The disbursement process will be carried out through the Arab National Bank, so that it will be deposited directly into the shareholders’ accounts linked to the investment portfolios of all local banks.