Saudi: Astra Industrial’s board endorses $53.33mln dividends for 2023

Reuters Images/Fahad Shadeed

The net profit of Astra Industrial rose to $126.75mln in 2023

Staff Writer, Mubasher

March 28, 2024

PHOTO

Riyadh – The board of Astra Industrial Group has proposed the distribution of SAR 200 million in cash dividends for 2023.

The recommended dividends are equivalent to SAR 2.50 per share, to be paid to 80 million eligible shares, according to a bourse filing.

The net profit of Astra Industrial rose to SAR 475.32 million in 2023 from SAR 474.31 million in 2022.

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