"URE " will Start Distributing 8% Cash Dividends to Its Shareholders Next Tuesday

Published on almowazi.com on 28 April 2025
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Union Real Estate Company (URE) announced the distribution of cash dividends for the year 2024 to its shareholders based on the decision of the general assembly held on April 9, 2025, which approved the distribution of cash dividends for the fiscal year ending December 31, 2024, at a rate of 8% of the nominal value (i.e., eight Fils per share). This will be applicable to shareholders registered in the company's records as of the date of the general assembly meeting.

The distribution of the dividends will commence on Tuesday, April 29, 2025, with the cash dividends being transferred to the bank accounts of shareholders through the electronic transfer service at the Kuwait Clearing Company.

Shareholders not enrolled in the electronic transfer service for dividend distribution are urged to visit any local bank or branches of foreign banks in the State of Kuwait to enroll in this service.

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