United Mining Industries to pay 7% of capital as cash dividends for H1-23

Riyadh – Mubasher: United Mining Industries Company announced SAR 9.80 million as cash dividends for the first half (H1) of 2023, according to a bourse disclosure.

The board members greenlighted the dividends, which represent 7% of the company’s capital, on 30 November.

United Mining Industries will pay SAR 0.70 per share for 14 million shares.

Eligibility and distribution dates for the H1-23 dividends will be 10 and 18 December 2023, respectively.

The firm disbursed dividends to shareholders on a quarterly and semi-annual basis for the last three years at an increasing growth rate.

Last October, the company began the listing and trading of its shares on the Parallel Market (Nomu).

Mubasher Contribution Time: 03-Dec-2023 08:22 (GMT)
Mubasher Last Update Time: 03-Dec-2023 08:22 (GMT)