Abdullah Saad Mohammed AboMoati Company announces the method of dividends distribution for the year ending on 03/31/2022
| Element List | Explanation |
|---|---|
| Announcement Detail | Reference to the company’s announcement on the Tadawul website on 25/2/1444 AH corresponding to 21/09/2022 AD regarding the results of the Ordinary General Assembly meeting, which included approving the distribution of cash dividends to the company’s shareholders for the fiscal year ending on 03/31/20222 at the rate of (0.50) fifty Halala per share with a total value of (10,000,000) ten million riyals, at a rate of (5%) of the capital, provided that the eligibility is for the shareholders who own the company’s shares on the day of the assembly and are registered in the company’s shareholders register with the Securities Depository Center Company (Depository Center) at the end of The second trading day following the day of the assembly, which was held on 20-09-2022.
Accordingly, the company would like to announce to its valued shareholders that dividends will be distributed automatically by depositing in the investment accounts linked to the shareholders’ portfolios at all banks, starting on Monday 10-10-2022 AD corresponding to 14-03-1444 AH, through Aljazira Bank.
We also draw the attention of non-resident foreign investors to the cash dividends that transferred through the financial intermediary, the values that take place upon transfer or when they credited to his account for withholding tax at a rate of 5% according to Article (68) of the tax system and Article (63) of its executive regulations.
The company calls on its valued shareholders to update their data and ensure that bank account numbers are linked to investment portfolios to ensure that their profits reach without delay. In case of any inquiries, please contact Aljazira Bank at (920006666) |
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