Sadr Logistics Company announces the date and method for distributing cash dividends to shareholders for the year 2020
| Element List | Explanation |
|---|---|
| Announcement Detail | Reference to Sadr Logistics Company's announcement on 16/09/1442 corresponding to 04/28/2021 about the results of the Ordinary General Assembly meeting (the first meeting) regarding the Assembly's approval to distribute cash dividends to shareholders for the year 2020 with a total amount of (1,250,000) riyals, which represents (5%) From the nominal value of one share at a rate of (0.5 riyals) for each share owned by the shareholder, the company is pleased to announce to its shareholders that the profits will be distributed on Thursday 10/8/1442 corresponding to 20/05/2021 by direct transfer to the bank accounts linked to the shareholders ’investment portfolios through Al-Rajhi Bank according to the agreement between the company and the bank, noting that the eligibility for dividend distributions was to shareholders who own shares at the end of trading on Tuesday 09/15/1442 corresponding to 04/27/2021, the date of the assembly (due date), and those registered in the company's shareholders register at the Securities Depository Center ( Edaa) at the end of the second trading day following the maturity date.
The company’s management hopes that its honorable shareholders should update their bank data with banks to ensure that profits are deposited in their accounts. Also, any shareholder of the company’s shareholders, in the event of not receiving the profits due after the date of distribution, can review the nearest branch of Al-Rajhi Bank in order to receive his profits in cash. Consolidated 920002429. |
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