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Eastern Province Cement Co. announces the distribution of cash dividend for First half of 2023
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EPCCO
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1445/01/19 06/08/2023 15:44:43
| Element List | Explanation |
|---|---|
| Introduction | Eastern Province Cement Co. announces the resolution of the board of directors for the distribution of dividend to the shareholders for the First half of 2023 |
| Date of the board’s decision | 2023-08-06 Corresponding to 1445-01-19 |
| The Total amount distributed | SAR 51,600,000 |
| Number of Shares Eligible for Dividends | 86,000,000 Shares |
| Dividend per share | 0.60 SAR |
| Percentage of Dividend to the Share Par Value (%) | 6 % |
| Eligibility date | The eligibility date is on Sunday 04-02-1445 corresponding to 20-08-2023 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 | Thursday 22-02-1445 corresponding to 07-09-2023 |
| Additional Information | The company urges its shareholders to update their data with the Securities Depository Center to ensure that the dividends are deposited in their accounts with banks on the date of distribution of profits. Meanwhile, the shareholders are also urged to deposit all certificates in their hands, if any, in their investment portfolios by handing these certificates to the Securities Depository Center Company. However, please note that the dividends of non-resident foreign shareholders will be subject to a 5% withholding tax in accordance with the Article (68) of the tax law and Article (63) of its Implementing Regulations. |
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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