Saudi news

ACWA Power recommends distributing 8.3% cash dividends for 2022

Today, Thursday, ACWA Power announced the recommendation of the Board of Directors to distribute cash dividends to the company’s shareholders for the year 2022, with a total of about 606.8 million riyals, for the number of dividend-bearing shares of about 731.1 million shares.

ACWA Power said, in a statement on Tadawul Saudi Arabia, that the share of the share from the distribution is 0.83 riyals, with a distribution ratio to the nominal share value of 8.3%.

Eligibility will be for shareholders who own shares at the end of trading on the day of the General Assembly meeting and who are registered in the company’s shareholder register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the eligibility date. The date of the General Assembly meeting will be announced later.

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