SABIC Agri-Nutrients Company announces the distribution interim of cash dividends for First half of 2024
| Element List | Explanation |
|---|---|
| Introduction | SABIC Agri-Nutrients Company announces Board decision to distribute interim cash dividends to Shareholders for the first half of 2024 |
| Date of the board’s decision | 2024-05-30 Corresponding to 1445-11-22 |
| The Total amount distributed | 1,428,106,212 |
| Number of Shares Eligible for Dividends | 476,035,404 Shares |
| Dividend per share | 3 Saudi Riyals |
| Percentage of Dividend to the Share Par Value (%) | 30 % |
| Eligibility date | The eligibility of Cash dividend will be to Shareholders who own the company shares on the Eligibility date and enrolled in the Company's register at Securities Depository Center Company (Edaa) by the end of the second trading day following the due date. The eligibility date is on Thursday 28 Dhu AlHijjah 1445H (corresponding to 4th July 2024 ) |
| Distribution Date | Monday 16 Muharram 1446H corresponding to 22 July 2024. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | NA |
| Additional Information | The company calls upon its Shareholders to quickly update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their dividend are deposited in their accounts with the banks on the distribution day and that all the certificates they hold should be deposited in their portfolios through submission to the Securities Depository Center Company (Edaa): Riyadh (King Fahd Road - Towers Cooperative - Eastern Tower - Ground Floor) or contact via 920001919.
The company would like to draw the attention of non-resident investors, the dividend paid by the Company is subject to a withholding tax of 5% upon transfer to non-resident investors or credited to their bank accounts according to the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations. Accordingly, the company emphasize to non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority, to communicate with the company within 5 five calendar days from the eligibility date and to provide the company with documents supporting tax exemption. For more inquiries, please contact Investor Relations Department at: Tel: 0133406621 – 0133402855 E-mail: [email protected] |
Comments