Saudi Ceramic Co. announces the board of director’s decision to distribute interim cash dividends to Shareholders for the first half of 2025
| Element List | Explanation |
|---|---|
| Introduction | Saudi Ceramic Company announces the Board of Directors decision to distribute interim cash dividends to shareholders for the first half of 2025 |
| Date of the board’s decision | 2025-07-28 Corresponding to 1447-02-03 |
| The Total amount distributed | SR 49,840,000 |
| Number of Shares Eligible for Dividends | 99,680,000 Share |
| Dividend per share | 0.5 SR |
| Percentage of Dividend to the Share Par Value (%) | 5 |
| Eligibility date | 2025-08-17 Corresponding to 1447-02-23 |
| Distribution Date | 2025-09-02 Corresponding to 1447-03-10 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
| Additional Information | The total number of Treasury shares not entitled to dividends related to the Employees Stock Incentives Plan stood at 320,000 shares until this date.
Dividends are due to shareholders registered with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the due date. The company would like to draw the attention of its esteemed shareholders to the importance of promptly updating their data and ensuring their bank account numbers are linked to their investment portfolios. This is to guarantee their dividends are deposited into their bank accounts on the distribution day. Furthermore, it is essential to deposit all share certificates in their possession - if any - into their investment portfolios. This must be done by physically delivering them to the Securities Depository Center Company (Edaa). The company would also like to bring to the attention of non-resident investors that the dividends paid to them will be subject to a 5% withholding tax upon the transfer or deposit of these dividends into their bank accounts. This is in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its Executive Regulations. Accordingly, the company emphasizes that non-resident investors holding tax exemptions on dividend distributions issued by the Zakat, Tax and Customs Authority (ZATCA) must contact the company within five (5) calendar days from the record date and provide supporting documentation for their tax exemption. For more inquiries, please contact Investor Relations Department at: Phone: +966 11 829 8888 Ext.: 8739 or E-Mail: [email protected] |
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