Tadawul BOD recommends distributing 402 million riyals in cash dividends for 2024

The Saudi Tadawul Group Holding Company announced the Board of Directors’ recommendation to distribute 402 million riyals in cash dividends to shareholders for the fiscal year 2024, equivalent to 33.5% of the nominal value of the share.

According to the company, the number of shares eligible for dividends amounted to 120 million shares, with a share of 3.35 riyals per share, provided that the right to dividend distributions is for shareholders who own shares at the end of the due date, the day of the General Assembly meeting.

Tadawul Holding Group noted to all its shareholders the need to update their bank data to ensure that cash dividends are deposited directly into their accounts.