Riyadh Cement Announce the date of cash dividends distribution for the second half of Year 2020 G
| Element List | Explanation |
|---|---|
| Announcement Detail | With reference to the announcement of Riyadh Cement Company on 29-12-2020 G, corresponding to 14-05-1442 H, regarding distribute cash dividends to shareholders for the second half of 2020 G at the rate of 1 Saudi Riyal per share, which represents 10% of the par value of the share amounting to SAR 120 millions, the company is pleased to announce to its shareholders that the dividends will be distributed starting from Wednesday 28-04-2021 G corresponding to 16-09-1442 H by direct transfer to bank accounts linked to shareholders' investment portfolios.
The eligibility of dividend was for the shareholders who owned the shares as at the market close on Wednesday, 21-04-2021 G corresponding to 09-09-1442 H (eligibility date) and who are registered in the Company’s shareholders register at Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date.
If you have any issue regarding deposit, please contact us at Tel: 011-2611717
Additional Information:
The company calls upon its Shareholders to quickly update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their dividend is deposited in their accounts with the banks on the distribution day.
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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