Saudi Ceramics Company announces the approval of the Board of Directors by circulation to distribute cash dividends to the Company shareholders for the first half of the year 2022
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of the Saudi Ceramic Company decided, in their meeting held on July 07, 2022, to approve the distribution of cash dividends to the Company’s shareholders for the first half of the year 2022. |
| Date of the board’s decision | 2022-07-07 Corresponding to 1443-12-08 |
| The Total amount distributed | 39,919,340 Saudi Riyal |
| Number of Shares Eligible for Dividends | 79,838,679 Shares |
| Dividend per share | 0.50 Saudi Riyal |
| Percentage of Dividend to the Share Par Value (%) | 5 % |
| Eligibility date | The eligibility is for the shareholders who own shares at the closing of the market on the first of August 2022 and who are registered in the Company’s shareholders register at the Depository Center at the end of the second trading day following the due date. |
| Distribution Date | The distribution date will be on August 14, 2022. |
| Additional Information | The Company requests all shareholders to update their data and ensure that their bank account numbers are linked with their investment portfolios to ensure that their due dividends are deposited directly into their accounts.
In accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations, the dividends of non-resident investors in the Kingdom will be subject to a 5% withholding tax when transferred or deposited in their bank accounts. |
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