The General Assembly of the Saudi Etihad Etisalat Company (Mobily) approved, in its meeting held on Monday, the Board of Directors' recommendation to distribute cash dividends to shareholders for the year 2021.
The company said in a statement to the Saudi market (Tadawul), today, Tuesday, that the general assembly approved distributing cash dividends for the past year at 8.5% of the nominal value of the share at 0.85 riyals. per share, with a total value of 654.5 million riyals.
It clarified that the eligibility of cash dividends to the company's shareholders who own the shares, will be at the end of trading on the day of the general meeting and those who are registered in the company's shareholders register with the Securities Depository Center Company (Depository Center) at the end of The second trading day following the due date, noting that profits will be distributed as of June 9, 2022.
The company's profits jumped by 36.9% last year, to reach 1.072 billion riyals, compared to profits in 2020 of 783 million riyals.
