Riyadh – Mubasher: The board of Saudi Industrial Investment Group (SIIG) approved the distribution of SAR 377.40 million, or SAR 0.50 per share, in cash dividends for the first half (H1) of 2024.

Dividends are set to be distributed on 22 July 2024 for shareholders eligible on 4 July, according to a bourse filing.

A total of 754.80 million shares are eligible for the dividends.

It is noteworthy that SIIG shifted to a net profit of SAR 28 million in the first quarter (Q1) of 2024, compared to a net loss of SAR 242 million in Q1-23.