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Alinma Bank announces the Board of Directors resolution regarding distribution of cash dividends to the shareholders for the third quarter of 2023
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Alinma Bank has decided on 9 Rabi Thani 1445H Corresponding to 24 October 2023 to distribute cash dividends to the shareholders for the third quarter of 2023 |
| Date of the board’s decision | 2023-10-24 Corresponding to 1445-04-09 |
| The Total amount distributed | SAR 596,178,596 |
| Number of Shares Eligible for Dividends | 1,987,261,988 shares |
| Dividend per share | SAR 0.30 after deduction of Zakat |
| Percentage of Dividend to the Share Par Value (%) | 3 % |
| Eligibility date | The Eligibility date shall be at the end of trading day, Wednesday, 24 Rabi Thani 1445H Corresponding to 8 November 2023 for the shareholders registered in Depository Center (Edaa) at the end of the second trading day following the dividends Eligibility date. |
| Distribution Date | 8 Jumada Al-Awwal 1445H Corresponding to 22 November 2023 |
| Additional Information | 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 (when transferred or credited to the bank account) withholding tax of 5%, in accordance with the provisions of article (68) of the income tax law, and article (63) of its implementing regulation. As part of its keenness to safeguard the interests of its shareholders who did not receive dividends during previous periods, Alinma Bank announces that a query feature has been included on the Bank’s website via the following link: https://www.alinma.com/wps/portal/alinmaNew/Alinma/MenuPages/QuickLinks/ShareholderAffairs For inquiries, please contact the Investor Relation Department on: 0112185252 or email: shareholders@alinma.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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Last Price 31.7
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Value Traded (Sar) 244,790,493.2
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