The “Fall” board recommends the distribution of cash profits for 2024

Yesterday, the Board of Directors of the Fall Water and Energy Technology Company recommended distributing cash dividends to shareholders for the fiscal year 2024 AD.
According to the company’s statement on Saudi Arabia’s trading, the total amount distributed is 52.5 million riyals, while the number of shares due for profits is 35 million shares.
The share share of the distribution is 1.5 riyals per share, while the distribution rate to the nominal share value is 15%.
She noted the announcement of the right distributions of the shareholders who are owned by shares on the day of the entitlement and the registrations in the company’s shareholders’ record at the Securities Deposit Center Company (the deposit center) at the end of the second trading day that follows the day of the company’s general assembly and will be announced later.
It reported the announcement of the date of the distribution later, after the approval of the General Assembly.