2022 Dividend Distribution Proposal: Catering Recommends Offering 5% Cash Dividend

The board of directors of Saudi Airlines Catering Company – “Catering”, has recommended distributing dividends in cash to the company’s shareholders for the 2022 fiscal year, a total of about 41 million riyals, for the number of shares entitled to profits 82 shares.

And the “catering” said in a statement on “Tadawul Saudi Arabia”, today, Thursday, that the share of the share from the distribution is 0.5 riyal, with a distribution ratio to the nominal value of the share of 5%.

The shareholders of the company owning the shares at the end of trading on Sunday 2 April 2023, registered in the company’s shareholders register at the Centro di Deposito Titoli (Centro di Deposito) at the end of the second trading day following the eligibility date, are entitled to the profits .

The release date is April 30, 2023.

Net profits of Saudi Airlines catering company, ‘Saudi Catering’, increased by 1729% in 2022, to about 257.1 million riyals after zakat and taxes, up from about 14.05 million riyals in 2021.

Follow AsumeTech on

More From Category

More Stories Today

Leave a Reply