Saudi news

The shareholders of “Naki Water” approve the distribution of 10% cash dividends

The shareholders of Naqi Water Company, during the Ordinary General Assembly meeting, approved the Board of Directors’ recommendation to distribute cash dividends in the amount of 20 million riyals, representing 10% of the company’s capital to shareholders for the second and third quarters of 2022 AD.

And “Naki Water” stated in a statement on “Tadawul Saudi Arabia”, today, Monday, that the share of the share will be riyal.

The eligibility shall be for the shareholders who own the shares at the end of trading on the day of the assembly and who are registered in the company’s shareholder register at the Depository Center at the end of the second trading day following the eligibility date.

She indicated that the date of the dividend distribution is January 18, 2023.

The shareholders agreed to authorize the Board of Directors to distribute interim and quarterly profits for the fiscal year 2023.

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