Miahona Co. announces the board of director’s recommendation to distribute cash dividends for Financial Year 2025
| Element List | Explanation |
|---|---|
| Introduction | Miahona Co. announces the Board of Directors' recommendation to distribute cash dividends to the shareholders for the financial year 2025 |
| Date of the board’s recommendation | 2026-04-16 Corresponding to 1447-10-28 |
| The Total amount distributed | 24,138,831.45 |
| Number of Shares Eligible for Dividends | 160,925,543 |
| Dividend per share | SAR 0.15 |
| Percentage of Dividend to the Share Par Value (%) | 15 |
| Eligibility date | The eligibility of dividends shall be for those who own the Company’s shares at the end of the day in which the Company’s General Assembly is convened and are registered in the Company's register at the Securities Depository Center Company (EDAA) by the end of the second trading day following the day of the Company’s General Assembly meeting (eligibility date), which will be announced at a later date |
| Distribution Date | The dividend distribution date will be confirmed after the approval of the General Assembly which Miahona will be announcing later after obtaining all the approvals from the relevant authorities. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
| Additional Information | Miahona Co. encourages all shareholders to update their information with their banks to ensure the timely deposit of any future dividends directly into their accounts. We would also like to inform our non-resident foreign shareholders that cash dividends transferred through a resident financial broker shall be subject to a 5% withholding tax upon transfer or credit to their bank accounts, in accordance with Article (68) of the Income Tax Law and Article (63) of its implementing regulations. For further inquiries, please contact the Company’s Investor Relations Department at: [email protected] |
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