Element List |
Explanation |
Introduction |
Banque Saudi Fransi announces the Board's recommendation to distribute dividends to shareholders for the First Half 2019 |
Board Resolution Date |
2019-07-03 Corresponding to 1440-10-30 |
Total Amount of Dividend Distributed |
SAR 1,199.68 Millions |
Number of eligible shares |
1,199,678,888 shares |
Dividend per share |
SAR 1.00 after deduction of Zakat |
Percentage of Dividend to the share book value |
10 % |
Eligibility date |
The eligibility of dividends shall be for the shareholders owning shares on the due date (8/11/1440 corresponding to 11/7/2019) and those shareholders registered in the Banks share registry at the Securities Depository Center Company (Depository Center) at the end of the second trading day following the due date (12/11/1440 corresponding to 15/7/2019). |
Dividend distribution date |
26/11/1440corresponding to 29/7/2019 |
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. |
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