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Yanbu National Petrochemical Co. announces the distribution of cash dividend for First half of 2023
| Element List | Explanation |
|---|---|
| Date of the board’s decision | 2023-06-04 Corresponding to 1444-11-15 |
| The Total amount distributed | 562,500,000 SR |
| Number of Shares Eligible for Dividends | 562,500,000 Shares |
| Dividend per share | 1 SR Per Share |
| Percentage of Dividend to the Share Par Value (%) | 10 % |
| Eligibility date | The eligibility date is on Tuesday 30 Thul-Hijjah 1444H corresponding to 18 July 2023, The eligibility of Cash dividend will be to Shareholders who own the company shares on the Eligibility date and enrolled in the Company's register at Securities Depository Center Company (Edaa) by the end of the second trading day following the due date. |
| Distribution Date | Sunday 19 Muharram 1445H corresponding to 06 August 2023 |
| Additional Information | The company calls upon its Shareholders to quickly update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their dividend are deposited in their accounts with the banks on the distribution day. The company would like to draw the attention of non-resident investors, the dividend paid by the Company is subject to a withholding tax of 5% upon transfer to non-resident investors or credited to their bank accounts according to the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations. Accordingly, the company emphasize to non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority, to communicate with the company within 5 five calendar days from the eligibility date and to provide the company with documents supporting tax exemption. For more inquiries, please contact Investor Relations Department at: Yanbu National Petrochemical Company (Yansab) P.O.Box 31396 Yanbu Industrial City 41912, Fax Number 014-3259509 or Phone Number 014-3259514 or through E-Mail Shares@Yansab.sabic.com |
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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