Baazeem Trading Co, announces the distribution of cash dividend for first half of 2023
| Element List | Explanation |
|---|---|
| Introduction | Baazeem Trading coannounces the board of directors’ resolution to distribute interim cash dividends to shareholders for the first half of the year 2023 |
| Date of the board’s decision | 2023-08-10 Corresponding to 1445-01-23 |
| The Total amount distributed | 7,087,500 SAR |
| Number of Shares Eligible for Dividends | 10,125,000 Shares |
| Dividend per share | 0.70 SAR Per Share |
| Percentage of Dividend to the Share Par Value (%) | 7 % |
| Eligibility date | The eligibility for dividends shall be for the shareholders who own the shares on Wednesday 23-08-2023G and who registered with the Securities Depository Centre Company at the end of the second trading day following the date of eligibility |
| Distribution Date | Wednesday, 06 Sep 2023 G, Corresponding to 21-02- 1445 H |
| Additional Information | The distribution will be through direct transfer to bank accounts linked to the investment portfolios of the shareholders. The company calls upon all honourable shareholders to update their data with the banks with which their accounts are held, to ensure that their dividends are deposited directly in their accounts.
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 (when transferred or credited to the bank account) withholding tax of 5%, in accordance with the provisions of article (68) of the income tax law, and article (63) of its implementing regulation
for any inquiries, you can contact Investor Relations Department through the Email address: |
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