Riyadh – Mubasher: Almunajem Foods Company will pay cash dividends worth SAR 120 million for the second half (H2) of 2023.
The Saudi firm will disburse SAR 2 per share for 60 million eligible shares, according to a bourse disclosure.
The eligibility date of the dividends, which represent 20% of the capital, was on 21 November and will be paid through the Securities Depository Center (Edaa) starting from 3 December 2023.
It is worth noting that in the first nine months (9M) of 2023, the company achieved a net profit of SAR 200.60 million and revenues of SAR 2.48 billion.
