Saudi GIG unveils payment date for 2023 dividends

Reuters/REUTERS

Shareholders eligible are those who own shares at the end of May 29, according to a bourse filing

Staff Writer, Mubasher

June 26, 2024

PHOTO

Riyadh – Gulf Insurance Group (GIG) announced the distribution of SAR 78.75 million, or SAR 1.50 per share, in cash dividends for 2023 on 30 June 2024.

Shareholders eligible are those who own shares at the end of 29 May, according to a bourse filing.

In 2023, GIG generated net profits of SAR 128.52 million attributable to shareholders, a 707.68% increase compared to SAR 15.91 million in 2022.

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