Catrion catering to pay 1.15 riyal shr div for FY

Catrion catering to pay 1.15 riyal shr div for FY

Catrion Catering to Distribute SAR 1.15 per Share Dividend for 2024 Fiscal Year

Catrion Catering Holding Co. (Tadawul: CATRION) has finalized dividend distributions for the 2024 fiscal year, allocating SAR 1.15 per share for both the first and second halves of the year. The company's board of directors initially recommended an 11.5% cash dividend for H1 2024 on August 4, 2024, equivalent to SAR 1.15 per share, with a record date set for August 29, 2024, and payments disbursed by September 15, 2024 according to company records. Subsequently, on March 23, 2025, the board declared an identical 11.5% dividend for H2 2024, maintaining the SAR 1.15 per share rate, with a record date of April 10, 2025, and payment scheduled for April 29, 2025 as officially announced.

The total dividend payout for 2024 amounts to SAR 188.6 million, representing 23% of the company's capital (SAR 820 million) and SAR 2.3 per share according to financial reports. With 82 million shares outstanding and a nominal value of SAR 10 per share, the distributions reflect consistent returns to shareholders across both halves of the fiscal year.

Shareholders registered with Edaa (Saudi Arabia's central depository) were required to meet the record dates to qualify for payments. For H1, the record date was followed by a second trading day confirmation, while H2 distributions adhered to the standard April 10, 2025, cutoff as detailed in official documents(https://www.argaam.com/en/reports/company-dividend/47928).

These dividends underscore Catrion Catering's commitment to shareholder returns, aligning with its capital structure and operational performance in 2024. Investors are advised to review official Tadawul statements for procedural details and verify information directly from primary sources.

Note: This summary relies on publicly disclosed data. Investors should conduct further due diligence.