Saudi stocks
The Saudi Chemical Holding Company announced on the Saudi Stock Exchange (Tadawul) website today, Tuesday: On the Board of Directors’ recommendation to distribute cash dividends to Chemical shareholders for the financial period ending on September 30, 2023.
In this context, the Saudi company said that it will distribute cash dividends worth 42.16 million Saudi riyals, explaining that it will distribute them into about 843.2 million shares, so that the value of each share of the distribution will be 0.05 riyals, that is, a distribution rate of 5% of the nominal value of the share, and for you on the day Sunday, February 4, 2024.
In addition, the Saudi Chemical Company stated that the eligibility for dividends will be for shareholders who own shares on Thursday, January 25, 2024, and who are registered in the company’s shareholder register at the Securities Depository Center at the end of the second trading day following the entitlement date.
It is noteworthy that the Saudi Chemical Holding Company (TADAWUL:2230) had recently announced: About a jump in its net financial profits in the third quarter of 2023, as the chemical recorded a net profit of about 35.1 million riyals, compared to recording a net profit of 10.32 million riyals in the same quarter last year, meaning it achieved an increase in its net profits by 240.12%.
2023-12-26 11:44:08
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