Saudi Ceramic Co. announces the distribution of cash dividend for second half of the year 2022
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of the Saudi Ceramic Company, in its meeting held on February 21, 2023 , decided to approve the distribution of cash dividends to the Company’s shareholders for the second half of the year 2022. |
| Date of the board’s decision | 2023-02-21 Corresponding to 1444-08-01 |
| The Total amount distributed | 39,986,392 Saudi Riyal |
| Number of Shares Eligible for Dividends | 79,972,783 shares |
| Dividend per share | 0.50 Saudi Riyal |
| Percentage of Dividend to the Share Par Value (%) | 5 % |
| Eligibility date | The eligibility shall be for shareholders who own shares at the close of the market on the fourteenth day of March 2023 and who are registered in the Company's shareholders register at the Depository Center at the end of the second trading day following the due date. |
| Distribution Date | The distribution date will be March 28, 2023. |
| Additional Information | The Company invites all shareholders to update their data and ensure that their bank account numbers are linked with their investment portfolios to ensure that their due dividends are deposited directly into their accounts.
According to the provisions of Article (68) of the Income Tax Law and Article (63) of its Executive Regulations, the dividends of non-resident investors in the Kingdom will be subject to withholding tax at the rate of 5% when transferred or deposited in their bank accounts. |
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