HKC Board Recommends SAR 7.5 Million Cash Dividend for 2024

Hedab Al Khaleej Trading Company (HKC) announced that its Board of Directors has recommended distributing SAR 7.5 million in cash dividends to shareholders for the fiscal year ending December 31, 2024, representing 10% of the nominal value of each share.

According to a statement on Tadawul, the dividends amount to SAR 1 per share, with a total of SAR 7.5 million eligible for distribution.

Following the approval of the General Assembly, the entitlement to dividends will be for shareholders holding shares at the close of trading on the day of the General Assembly meeting and registered in the company’s records with the Securities Depository Center (Edaa) by the end of the second trading day following the due date.