Miyahona and Group Five Pipe Go Ex-Dividend June 14

Miyahona and Group Five Pipe Saudi Ltd will trade ex-dividend on the Nomu market today, June 14. Nomu is the Saudi parallel equity market for smaller companies. The same date marks the ex-bonus for share distributions attached to each stock.

For traders, the practical effect is straightforward. Buying today means forfeiting the dividend and bonus shares. The share price opens lower by the dividend value, adjusted mechanically.

Investors who held before the record date receive the entitlement. The payment date typically follows two to four weeks later, when the cash or bonus shares are credited.