Altharwah Albashariyyah Co. announces the board of director’s decision to distribute cash dividends to shareholders for the first Half of 2025
Element List | Explanation |
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Introduction | Altharwah Albashariyyah Co. announces the decision of its Board of Directors to distribute cash dividends to shareholders for the first half of the fiscal year 2025. |
Date of the board’s decision | 2025-08-27 Corresponding to 1447-03-04 |
The Total amount distributed | 2,823,441 Saudi Riyals |
Number of Shares Eligible for Dividends | 4,705,735 |
Dividend per share | SAR 0.60 |
Percentage of Dividend to the Share Par Value (%) | 12 |
Eligibility date | 2025-09-04 Corresponding to 1447-03-12 |
Distribution Date | 2025-09-16 Corresponding to 1447-03-24 |
The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
Additional Information | The entitlement to dividends is for shareholders who own the company's shares by the end of trading on Thursday, 12-03-1447 AH corresponding to 04-09-2025 AD, and who are registered with the Securities Depository Center Company (Edaa) at the end of the second trading day following the entitlement date.
The company would like to announce to its esteemed shareholders that the distribution of dividends will commence by transferring them to the accounts linked to the entitled shareholders' portfolios starting from Tuesday, 24-03-1447 AH corresponding to 16-09-2025 AD, through the payment agent - the Securities Depository Center Company (Edaa). If the deposit to the shareholder's account encounters any issues, they can contact the payment agent - the Securities Depository Center Company (Edaa) or reach out to the company via email at [email protected] or by calling 920019590
We also draw the attention of non-resident foreign investors that cash distributions transferred through the resident financial intermediary are subject to a withholding tax of 5% according to the provisions of Article 68 of the Income Tax Law and Article 63 of its implementing regulations.
The company urges its esteemed shareholders to update their information and ensure that their bank account numbers are linked to their investment portfolios to guarantee the timely deposit of their dividends. For any inquiries, please contact Investor Relations via email: [email protected] |
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