Atlas Elevators board declares 5% cash dividend for H1 2023

22/10/2023 Argaam

Atlas Elevators board declares 5% cash dividend for H1 2023

Logo of Atlas Elevators General Trading & Contracting Co.

Atlas Elevators General Trading & Contracting Co.’s board of directors declared today, Oct. 22, a 5% cash dividend, or SAR 0.5 a share, for H1 2023, according to a statement to Tadawul.

 

Dividends Details (H1 2023)

Current Capital

SAR 60 mln

Number of Shares

6 mln

Total Dividends

SAR 3 mln

Percentage of Capital

5% (SAR 0.5 a share)

Record Date

Oct. 26, 2023 (Shareholders registered with Edaa on the second trading day following the record date)

Payment Date

Nov. 12, 2023
 

According to data compiled by Argaam, this is the first dividend announced by Atlas Elevators since listing on Nomu-Parallel Market on Oct. 4. 

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