Electrical Industries Co. announces the board of director’s decision to distribute cash dividends to the shareholders for second Half of year 2023.
| Element List | Explanation |
|---|---|
| Introduction | Electrical Industries Company announces the Board of directors’ resolution to distribute cash dividends to the shareholders for the Second Half of year 2023. |
| Date of the board’s decision | 2024-03-11 Corresponding to 1445-09-01 |
| The Total amount distributed | 84,375,000 |
| Number of Shares Eligible for Dividends | 1,125,000,000 |
| Dividend per share | 0.075 |
| Percentage of Dividend to the Share Par Value (%) | 15 % |
| Eligibility date | The eligibility shall be for shareholders who own the shares on 31 of March 2024 and are registered in company’s shareholders’ register at Securities Depository Center by the end of the second trading day following the eligibility date. |
| Distribution Date | Wednesday 24 April 2024 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not applicable |
| Additional Information | The company calls upon its shareholders to quickly update their data and ensure that their bank accounts numbers are linked with their investment portfolios to ensure their dividends are deposited in their accounts with the banks without any delay.
We would like to draw the attention of the none- resident foreign investors that the cash dividends distribution which is transferred by the resident financial broker is subject to withholding tax of 5%, in accordance with the provisions of Article (68) of income tax law and Article (63) of its implementing regulations.
In case of any inquiries, please contact shareholders relation on phone: 0138476112, or email: [email protected] |
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