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Almunajem Foods Co. Announces the date of the distribution of dividends to shareholders for the second half of the fiscal year 2022

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ALMUNAJEM
-1.79 %
1444/10/19     09/05/2023 15:55:33

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Announcement Detail Almunajem Foods Company announces that, further to the Tadawul announcement of the approval of the Ordinary General Assembly Meeting on 08/05/2023, which results announced on 09/05/2023, the process of the second half of the fiscal year 2022 Dividend distribution will be as follows :

1. Total amount of distribution of the dividend: (60,000,000 Saudi Riyals) Sixty million Saudi Riyals.

2. Number of shares eligible for dividends: 60,000,000 shares.

3. Dividend per share SAR 1.

4. Dividend represents 10% of the face value of the share.

5. The eligibility for the dividends shall be for the shareholders registered in the registers of the Securities Depository Center (Edaa) at the end of the second trading day following the eligibility date.

We would like to inform the shareholders that the distribution of dividends will be through the Securities Depository Center (Edaa) Starting from the date of 17/05/2023.

The Company requests its shareholders to update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their dividend is deposited in their accounts with the banks on the distribution day.

We would like to draw the attention to the foreign non-resident investors that the dividends paid by the Company are subject to a withholding tax of 5% upon transfer to the non-resident investor or credit to its account according to Article (68) of the Income Tax Law and Article (63) of the 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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Key Parameters
Last Price 109.8
Net Change -2.0 (-1.79%)
Value Traded (Sar) 50,163,734
Volume Traded 458,056
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