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Banque Saudi Fransi announces the distribution of cash dividend for First Half 2019

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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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