First Milling Co. announces the board of director’s decision to distribute cash dividends for First Half of the Year 2025
| Element List | Explanation |
|---|---|
| Introduction | First Milling Company announces the board of director’s decision to distribute cash dividends for First Half of 2025 |
| Date of the board’s decision | 2025-07-23 Corresponding to 1447-01-28 |
| The Total amount distributed | SAR 81,696,000 |
| Number of Shares Eligible for Dividends | 55,200,000 Shares |
| Dividend per share | SAR 1.48 |
| Percentage of Dividend to the Share Par Value (%) | 14.8 |
| Eligibility date | 2025-08-03 Corresponding to 1447-02-09 |
| Distribution Date | 2025-08-20 Corresponding to 1447-02-26 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | None |
| Additional Information | The company announces to its valued shareholders that dividends will be distributed by automatically depositing into their investment accounts linked to the shareholders’ portfolios at all banks through the Securities Depository Center Company (Edaa).
The eligibility of dividends for the shareholders of the Company who own shares at the end of the trading day 03-08-2025G, corresponding to 09-02-1447H, for the shareholders registered in the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date.
We would like to draw the attention of the non-resident foreign investors that the cash dividend distribution, which is transferred by the resident financial broker, is subject to a withholding tax of 5%, in accordance with the provisions of Article 68 of the Income Tax Law and Article 63 of its Implementing Regulations.
Therefore, the Company urges non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority, to communicate with the Investor Relations Department, and to provide documents supporting tax exemption.
The company calls on its valued shareholders to ensure their information is up to date and that bank account numbers are linked to their investment portfolios to avoid any delay in receiving dividends. For any inquiries or further details, please contact the Investor Relations at 920010375 during working hours or via email at: [email protected] |
Comments