Makkah Construction and Development Company Announces the Date and Method of Dividend Distribution for the Fiscal Year Ending 31/12/2024
| Element List | Explanation |
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| Announcement Detail | With reference to the company's announcement on the Tadawul website dated 20/05/2025 AD corresponding to 22/11/1446 AH, regarding the results of the (38th) Ordinary General Assembly, which approved the distribution of cash dividends to shareholders for the fiscal year 2024, at a rate of SAR 1.50 per share, representing 15% of the nominal value of the share, for a total amount of SAR 300,000,000. Eligibility for these dividends shall be for shareholders who own the shares at the end of trading on the day of the General Assembly meeting, 19/05/2025 AD corresponding to 21/11/1446 AH, and who are registered in the company’s shareholders’ register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date.
Makkah Construction and Development Company is pleased to announce to its esteemed shareholders that the distribution of dividends will commence on Wednesday, 11/06/2025 AD corresponding to 15/12/1446 AH, through Al Rajhi Bank, as follows: Direct Deposit: For shareholders with investment portfolios linked to a bank account at a local bank, dividends will be directly deposited into their accounts. In-Branch Al Rajhi Bank Collection for: - Shareholders with investment portfolios not linked to bank accounts - Shareholders holding share certificates (i.e., those without investment portfolios) based on their share certificate. For inquiries, please contact the Shareholder Affairs Department: Telephone: 0125571522 Mobile: 0598191047 Email: [email protected] The company would like to remind its valued shareholders to ensure that their information is updated and that their investment portfolios are linked to their bank account numbers to guarantee that their dividends are deposited into their bank accounts on the same dividend distribution date. |
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