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Bank Albilad announces the distribution of cash dividend for for the first half of 2019

Default Company 1140.O 0.00% 0.00 0.00
Element List Explanation
Board Resolution Date 2019-07-18 Corresponding to 1440-11-15
Total Amount of Dividend Distributed SAR 300,000,000
Number of eligible shares 750,000,000
Dividend per share SAR 0.4 after Zakat deduction
Percentage of Dividend to the share book value 4 %
Eligibility date For shareholders at end of trading day of 22-11-1440 Corresponding to 25-07-2019 for the shareholders registered in Depository Center (Edaa) at the end of the second trading day following the Dividend distribution date.
Dividend distribution date 07-12-1440 H Corresponding to 8-8-2019 G
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 regulation.

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