ACWA Power approves payout of $150m annual dividends for 2021

ACWA Power approves payout of $150m annual dividends for 2021
Short Url
Updated 03 July 2022
Follow

ACWA Power approves payout of $150m annual dividends for 2021

ACWA Power approves payout of $150m annual dividends for 2021

RIYADH: Saudi Public Investment Fund-owned ACWA Power Co. announced that its shareholders have approved a dividend payout of SR563 million ($150 million) for 2021.

Shareholders will receive SR0.77 per share, representing 7.7 percent of the nominal value per share, according to the company’s bourse filing.

The distribution of dividends begins as of July 21, the company added.