GIG Approves SAR 63 Million in Cash Dividends for 2024

Gulf Insurance Group (GIG Saudi) announced on Sunday that its Ordinary General Assembly Meeting (first meeting) approved the Board of Directors’ recommendation to distribute cash dividends totaling SAR 63 million for the fiscal year ending December 31, 2024.

The dividend represents 12% of the nominal share value, or SAR 1.20 per share.

Shareholders holding shares at the close of trading on the day of the General Assembly and registered in the company’s shareholder registry at the Securities Depository Center Company (Edaa) by the end of the second trading day following the meeting will be eligible for the dividends. Distribution will begin on Wednesday, June 25, 2025.