Al-Mawarid Manpower Company announces the date of distributing cash dividends for the first half of 2023
| Element List | Explanation |
|---|---|
| Announcement Detail | Referring to the approval of the Ordinary General Assembly to distribute cash dividends to shareholders for the first half of the year 2023 in a total amount of SAR 22.5 million and the number of shares eligible for distribution is 15 million shares, which is SAR 1,5 per share, representing 15% of the par value of the share.
Noting that the eligibility for dividends is for shareholders who own shares at the end of trading on the day of the General Assembly on 28/02/1445 AH corresponding to 13/09/2023 AD, and who are registered in the company’s shareholder register at the Securities Depository Center (EDAA) at the end of the second trading day following the entitlement date.
The company is pleased to announce to its shareholders that cash dividends will be distributed starting on Monday 10-03-1445 AH corresponding to 25-09-2023 AD, by direct transfer to the bank accounts linked to the shareholders’ investment portfolios.
We would like to draw the attention of non-resident foreign investors to the cash distributions that are transferred through the resident financial intermediary are subject, when transferred or credited to their accounts, to a withholding tax of 5% in accordance with the provisions of Article (68) of the income tax regulations and Article (63) of its implementing regulations.
The Company would like to draw the shareholder's attention to updating their data and ensure that the accompanying bank account numbers that linked to their investment portfolio to ensure that their dividends reach without delay.
For more information or inquiries, kindly contact the Investors Relation via email: [email protected] |
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