Saudi news

Aldrees recommends distributing 20% ​​cash dividends for the year 2022

The Board of Directors of Al-Drees Petroleum and Transport Services Company “Al-Drees” recommended distributing cash dividends to the company’s shareholders for the fiscal year 2022, with a total of about 150 million riyals, for a number of dividend-bearing shares of 75 million shares.

Al-Drees said in a statement on Saudi Tadawul today that the share of the share from the distribution amounts to two riyals, with a distribution ratio to the nominal share value of 20%.

She added that the entitlement to profits is for the shareholders who own shares at the end of the day of the company’s general assembly and who are registered in the company’s shareholder register with the Securities Depository Center Company “Deposit Center” at the end of the second trading day following the date of the company’s general assembly, which will be held later.

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