Today, Sunday, the Board of Directors of the Arab Technical Contracting Company recommended distributing cash dividends to the company’s shareholders for the first half of this year. Due to the positive results achieved by the company during the mentioned period.
The company said in a statement to the Saudi market (Tadawul), today, that the board recommended distributing cash dividends of 19% of the nominal value of the share at 1.90 riyals per share, with a total cash dividend of 95 million riyals.
The company clarified that the number of shares entitled to dividends is 50 million shares, explaining that the eligibility of cash dividends to shareholders owning shares on the due day who are registered in the company’s shareholders’ register at the Depository Center at the end of the second trading day following the day of the company’s general assembly meeting (the due day), which will take place Announcing it later.
She added that the date of the proposed dividend distribution will be announced later, explaining that the date of the general assembly of shareholders will be set after obtaining the regulatory approvals, through which the recommendation of the Board of Directors will be approved in this regard.
