| Element List |
Explanation |
| Introduction |
Saudi Advanced Industries CO. is pleased to announce its Board of Directors decision (according to the authorization given to the BOD by the Company’s AGM on 21 April 2020 to distribute interim dividend) to distribute cash dividend to the shareholders for the First half of Year 2020 . |
| Board Resolution Date |
2020-08-18 Corresponding to 1441-12-28 |
| Total Amount of Dividend Distributed |
12,500,000 |
| Number of Shares Eligible for Dividends |
50,000,000 |
| Dividend per share |
SAR 0.25 |
| Percentage of Dividend to the Share Par Value (%) |
2.5 % |
| Eligibility date |
The eligibility date is 30/08/2020. The eligibility of dividends distribution will be for the shareholders of the company who own shares on the eligibility date and are registered in the company’s share registry at the Securities Depository Center Company at the end of the second trading day following the eligibility date. |
| Distribution Date |
Dividend distribution date will be on 16/09/2020. |
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