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Raoom Trading Co. announces the board of director’s decision to distribute cash dividends for First quarter of fiscal year 2024
| Element List | Explanation |
|---|---|
| Introduction | Raoom Trading Company (Raoom) announces the Board of Directors’ decision to distribute cash dividends to shareholders for the first quarter of the fiscal year 2024. |
| Date of the board’s decision | 2024-05-09 Corresponding to 1445-11-01 |
| The Total amount distributed | 4,687,500 |
| Number of Shares Eligible for Dividends | 6,250,000 |
| Dividend per share | 0.75 SR |
| Percentage of Dividend to the Share Par Value (%) | 7.5 % |
| Eligibility date | Eligibility for dividends is for the company’s shareholders who own shares at the end of trading on Sunday, 05/19/2024 AD, and who are registered in the shareholders’ registry with the Securities Depository Center Company (Edaa) at the end of the second trading day following the entitlement date. |
| Distribution Date | Dividends will be paid on Tuesday, 05/28/2024 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | do not apply |
| Additional Information | The company calls on all valued shareholders to update their data and ensure that bank account numbers are linked to the investment portfolios to ensure that their profits are deposited in their accounts without delay. We would also like to draw the attention of non-resident foreign investors to the fact that the cash distributions transferred through the resident financial intermediary are subject, upon transfer or when credited to his account, to a withholding tax of 5% in accordance with the provisions of Article (68) of the tax system and Article (63) of its regulations. Executive. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 132.8
Net Change -1.4 (-1.04%)
Value Traded (Sar) 67,934.4
Volume Traded 508
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