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Alinma Bank announces the board of director’s recommendation to distribute cash dividends for the Fourth quarter of 2024
| Element List | Explanation |
|---|---|
| Introduction | Alinma Bank announces the Board of Directors' recommendation to distribute cash dividends to shareholders for the fourth quarter of 2024 |
| Date of the board’s recommendation | 2025-01-29 Corresponding to 1446-07-29 |
| The Total amount distributed | SAR 746,144,795 |
| Number of Shares Eligible for Dividends | 2,487,149,317 shares |
| Dividend per share | SAR 0.30 after deduction of Zakat |
| Percentage of Dividend to the Share Par Value (%) | 3 |
| Eligibility date | The eligibility of the dividends for the Bank’s shareholders who own shares at the end of the day in which the Bank’s General Assembly is convened and who are registered in the Bank’s records at the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the General Assembly which will be announced at a later date. |
| Distribution Date | Will be announced at a later date |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | The Bank has obtained no-objection from the Saudi Central Bank on the Board of Directors’ recommendation to distribute cash dividends to shareholders for the Fourth quarter of 2024 |
| 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/ar-sa/quick-links/dividends-inquiry 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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