Riyadh – Mubasher: The shareholders of Saudi Top for Trading Company agreed to disburse SAR 14.40 million as cash dividends for 2022, according to a bourse disclosure.

Under the board’s proposal that was made last December, the firm will pay out a dividend of SAR 12 per share for 1.20 million eligible shareholders.

The eligibility and distribution dates for the dividends were set as 31 January and 12 February 2023, respectively.

Meanwhile, Abdullah Muhammad Al Ajmi is excluded from the dividends, as he waived profits for the 12-month period that ended on 31 December 2022.

Saudi Top for Trading began the listing and trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) in the end of last year.