| Element List |
Explanation |
| Introduction |
Eastern Province Cement Co. announces the resolution of board of directors for the distribution of dividend to the shareholders for the First half of 2022 |
| Date of the board’s decision |
2022-08-03 Corresponding to 1444-01-05 |
| The Total amount distributed |
SAR 86,000,000.00 |
| Number of Shares Eligible for Dividends |
86,000,000 Shares |
| Dividend per share |
1.00 SAR |
| Percentage of Dividend to the Share Par Value (%) |
10 % |
| Eligibility date |
The eligibility date is on Sunday 16-01-1444 corresponding to 14-08-2022 The eligibility of Cash dividend will be to Shareholders who own the company shares on the Eligibility date and enrolled in the Company's register at Securities Depository Center Company (Edaa) by the end of the second trading day following the due date. |
| Distribution Date |
30/08/2022 |
| Additional Information |
The company urges its shareholders to update their data with the Securities Depository Center to ensure that the dividends are deposited in their accounts with banks on the date of distribution of profits. Meanwhile, the shareholders are also urged to deposit all certificates in their hands, if any, in their investment portfolios by handing these certificates to the Securities Depository Center Company. However, please note that the dividends of non-resident foreign shareholders will be subject to a 5% withholding tax in accordance with the Article (68) of the tax law and Article (63) of its Implementing Regulations. |
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