| Element List |
Explanation |
| Introduction |
BOD of Baazeem Trading Company recommend to distribute dividends to shareholders for the year 2020 |
| Date of the board’s decision |
2021-03-03 Corresponding to 1442-07-19 |
| The Total amount distributed |
17718750 SAR |
| Number of Shares Eligible for Dividends |
10125000 |
| Dividend per share |
1.75 |
| Percentage of Dividend to the Share Par Value (%) |
17.5 % |
| Eligibility date |
The eligibility of the dividends shall be at the end of trading day of Baazeem General Assembly meeting day (which will be announced at a later date) for the shareholders registered in Depository Center at the end of the second trading day following the General Assembly Meeting date |
| Distribution Date |
Details of dividends distribution dates and process 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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