Element List |
Explanation |
Introduction |
Banque Saudi Fransi announces the Board of Director’s recommendation to distribute dividends to shareholders for the year 2020 |
Date of the board’s decision |
2021-03-02 Corresponding to 1442-07-18 |
The Total amount distributed |
SAR 479.98 Millions |
Number of Shares Eligible for Dividends |
1,199,948,015 shares |
Dividend per share |
SAR 0.40 after deduction of Zakat |
Percentage of Dividend to the Share Par Value (%) |
4.0 % |
Eligibility date |
The entitlement of the dividends for the year 2020 shall be for the shareholders registered in Depository Center at the end of the second trading day following the General Assembly Meeting, which will be announced later. |
Distribution Date |
Details of the General Assembly Meeting and dividend distribution dates will be announced later. |
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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