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Sustained Infrastructure Holding Co. announces the distribution of cash dividends for the Second Half of the financial year 2023.
| Element List | Explanation |
|---|---|
| Introduction | Sustained Infrastructure Holding Company “SISCO Holding” the “Company” is pleased to announce the Board of Directors’ resolution, to distribute a cash dividend to the Company’s shareholders for the second half of the financial year 2023 as follows: |
| Date of the board’s decision | 2024-03-11 Corresponding to 1445-09-01 |
| The Total amount distributed | SAR 32,534,199.2 |
| Number of Shares Eligible for Dividends | 81,335,498 Shares |
| Dividend per share | 0.4 |
| Percentage of Dividend to the Share Par Value (%) | 4 % |
| Eligibility date | The eligibility date is 15 Ramadan 1445H corresponding to 25th March 2024, for the Company’s shareholders who own shares on the eligibility date and are registered in the Company’s share registry at the Securities Depository Center Company, at the end of the second trading day following the eligibility date. |
| Distribution Date | The dividend distribution date for eligible Company shareholders will begin 9 Shawwal 1445H corresponding to 18 April 2024. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
| Additional Information | The dividend distribution is the final payment of the ordinary dividend for fiscal year ended 31 December 2023, in accordance with the approved dividend policy for the fiscal years 2023 and 2024. We would like to draw the attention of foreign non-resident investors that the dividend paid by the Company is subject to a withholding tax of 5% upon transfer to the non-resident investor, or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations. In addition, the Company would like to remind its shareholders that their bank details are updated, to ensure the timely distribution of the cash dividends to their accounts. We are pleased to receive your inquiries by contacting our Investor Relations Department through the following channels: Phone No: (012) 661 9500 or Email: IR@sisco.com.sa |
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 34.8
Net Change 0.54 (+1.58%)
Value Traded (Sar) 21,103,688.5
Volume Traded 610,063
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