Retal Urban Development Co. announces the board of director’s decision to distribute cash dividends for the second half of 2023
| Element List | Explanation |
|---|---|
| Introduction | Retal urban development board of directors’ resolution regarding the distribution of cash dividends to the shareholders for the second half of 2023 |
| Date of the board’s decision | 2024-02-27 Corresponding to 1445-08-17 |
| The Total amount distributed | 80,000,000 Saudi Riyals |
| Number of Shares Eligible for Dividends | 500,000,000 Shares |
| Dividend per share | 0.16 Saudi Riyals |
| Percentage of Dividend to the Share Par Value (%) | 16 % |
| Eligibility date | The eligibility date shall be at the end of trading day 05 May 2024 corresponding to 26 Shawwal 1445H for the shareholders registered in depository Center (Edaa) at the end of the second trading day following the eligibility date |
| Distribution Date | 16 May 2024 Corresponding to 08 Dhul-Qi'dah 1445H |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not applicable |
| 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 withholding tax of 5%, in accordance with the provisions of article (68) of the Income Tax Law and article (63) of its Implementing Regulations
For any inquiries, please contact Investor Relations at:
+966-0138013959
or by e-mail:
|
Comments