IssuerAnnouncementDetailsV2Portlet
Makkah Construction and Development Company announces the timing and method for distributing dividend for the fiscal year ending 31/12/2023 AD
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Announcement Detail | With reference to the company’s announcement on (Tadawul) website on 30/05/2024 AD corresponding to 22/11/1445 AH regarding the results of the Ordinary General Assembly (37) held on 29/05/2024 and the approval of distributing dividends to shareholders for the fiscal year 2023 AD at a value of (1.50) riyals per share, which represents (15%) of the nominal value of the share representing a total amount of (247,224,360) Riyals, provided that the eligibility for dividends is for the company’s shareholders registered with the Securities Depository Center Company (Edaa ) at the end of the second trading day following the entitlement date. Makkah Construction and Development Company is pleased to announce to its esteemed shareholders that dividends will be distributed starting from 13/06/2024 AD, corresponding to 07/12/1445 AH, through Al Rajhi Bank as follows: 1- Depositing dividends directly into the accounts of shareholders with investment portfolios linked to bank accounts at local banks. 2- Disbursement of dividends directly by visiting one of the branches of Al-Rajhi Bank to each of the following: A- Shareholders with investment portfolios not linked to bank accounts. B- Shareholders holding certificates (who do not have investment portfolios) under the share certificate. For inquiries, please contact the Shareholders Affairs Department: Phone: 0125570037 Ext: 144 - 145 Email: mosahem@mcdc.com.sa The company would like to remind its valued shareholders to ensure that their data is updated and that their investment portfolios are linked to their bank account numbers to ensure that their dividends are deposited in their bank accounts on the same date as the dividend distribution. |
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.