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Investors monitor a screen displaying stock information at the Saudi Stock Exchange (Tadawul) following the debut of Saudi Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh, Saudi Arabia, December 11, 2019. Ahmed Yosri
Riyadh: Mouwasat Medical Services Company announced cash dividends amounting to SAR 400 million, equivalent to 20% of the capital, for 2024.
The Saudi firm will pay out a dividend of SAR 2 per share for 200 million eligible shares, according to a bourse disclosure.
Meanwhile, the payment date will be announced at a later time.
The board members recommended the annual cash dividends on 23 December 2024.
In the six-month period that ended on 30 June 2024, Mouwasat posted 2.24% year-on-year (YoY) higher net profits at SAR 324.28 million, compared to SAR 317.15 million.
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