Al-Jouf Agricultural Development Co. announces the board of director’s decision to distribute cash dividends for The first half (the first and second quarter) of the fiscal year 2025.
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Al-Jouf Agricultural Development Company, by circulation on August 14, 2025, and based on the powers granted to it by the General Assembly, has decided to distribute cash dividends to the company’s shareholders for the first half (Q1 and Q2) of the fiscal year 2025. |
| Date of the board’s decision | 2025-08-14 Corresponding to 1447-02-20 |
| The Total amount distributed | 21 Million Saudi Riyal |
| Number of Shares Eligible for Dividends | 30 Million Shares |
| Dividend per share | 0.70 Saudi Riyal |
| Percentage of Dividend to the Share Par Value (%) | 7 |
| Eligibility date | 2025-10-15 Corresponding to 1447-04-23 |
| Distribution Date | 2025-10-30 Corresponding to 1447-05-08 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | N/A |
| Additional Information | We would like to draw attention to the following:
1- Cash dividends distributed to non-resident investors are subject to a withholding tax of 5%, in accordance with Article (68) of the Income Tax Law and Article (63) of its Executive Regulations.
2- Non-resident investors who have tax exemptions on dividend distributions issued by the Zakat, Tax and Customs Authority must contact the company’s Investor Relations Department via email within three (3) days from the entitlement date to submit supporting documents for the tax exemption.
3- Dividends will be transferred to shareholders’ investment accounts. To ensure timely deposit of dividends, we urge shareholders to verify that their investment account information is up to date.
For any inquiries, please contact the company’s Investor Relations Department at: [email protected] |
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