United Electronics Company (eXtra) announces its Board of Directors decision to distribute cash dividends to the shareholders for the first half of 2020
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of United Electronics Company (eXtra) decided in its meeting held on July 19, 2020 to distribute cash dividends to the shareholders of the company for the first half of 2020. |
| Board Resolution Date | 2020-07-19 Corresponding to 1441-11-28 |
| Total Amount of Dividend Distributed | 60,000,000 SR |
| Number of Shares Eligible for Dividends | 60,000,000 Shares |
| Dividend per share | one SR |
| Percentage of Dividend to the Share Par Value (%) | 10 % |
| Eligibility date | The entitlement shall be for the shareholders who own the shares at the close of trading on August 9, 2020 and as per the shareholders' registry in Securities Depository Center (EDAA) at the end of 2nd trading day following the entitlement date. |
| Distribution Date | 23-8-2020 |
| Additional Information | The Dividend will be through Riyadh Bank by direct bank transfer to shareholders’ bank accounts linked to their portfolios. The Company urges its shareholders to update their data and to make sure to link their bank accounts numbers to their investment portfolios to ensure the receipt of their cash dividends without delay. In case of non-receiving the dividend, please visit the nearest branch of Riyad Bank along with the ID card to collect the dividend directly in cash.
In case of any inquiries in this regard, please Dial Riyad Bank Toll-free numbers (8001222444) or (920001816). |
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