IssuerAnnouncementDetailsV2Portlet
Enma Alrawabi Co. announces the distribution of cash dividend to shareholders for the second half of the year 2023.
Element List | Explanation |
---|---|
Introduction | - |
Date of the board’s decision | 2024-03-10 Corresponding to 1445-08-29 |
The Total amount distributed | 10,000,000 (Ten million Saudi riyals only) |
Number of Shares Eligible for Dividends | 40,000,000 (Forty million shares) |
Dividend per share | 0.25 Saudi riyals |
Percentage of Dividend to the Share Par Value (%) | 2.50 % |
Eligibility date | The eligibility date shall be at the end of trading day 17 Mar 2024 corresponding to 07 Ramadan 1445H for the shareholders registered in Depository Center Company (Edaa) at the end of the second trading day following the eligibility date. |
Distribution Date | 18/09/1445H corresponding to 28/03/2024 |
The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not applicable |
Additional Information | The dividends will be distributed through the Securities Depository Center Company who will transfer the dividends to the investment portfolios through the custodial members. To ensure that the dividends are deposited in the investment portfolios without delay, the company would like to remind all shareholders of the need to ensure that their data is updated with the custody members. The Company would also like to draw its non-resident foreign shareholders' attention to the following regulation regarding the payment of dividends that the dividend paid by the Company are subject to a withholding tax of 5% upon transfer to the non-resident investor account according to the provisions of Article (68) of the Saudi Arabia Income Tax Law and Article (63) of the Implementing Regulations of the Saudi Arabia Income Tax Law. Accordingly, the company emphasize to non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority, to contact the company within (5) five calendar days from the eligibility date and to provide the company with documents supporting tax exemption. For any further questions or queries related to results of the assembly, please contact the Investor Relations Department: Phone No. 0114033630 – Ext 105 Email: ir@enmaalrwabi.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.