BinDawood Holding —
BinDawood Holding Co. announces the Board of Director’s resolution to distribute cash dividends for the First Half of the Financial Year 2024G
| Element List | Explanation |
|---|---|
| Introduction | BinDawood Holding Company announces the Board of Director’s resolution to distribute cash dividends for the First Half of the Financial Year 2024G |
| Date of the board’s decision | 2024-11-06 Corresponding to 1446-05-04 |
| The Total amount distributed | SAR 114.10 m |
| Number of Shares Eligible for Dividends | 1,141,000,000 |
| Dividend per share | 0.1 |
| Percentage of Dividend to the Share Par Value (%) | 10 |
| Eligibility date | 2024-11-25 Corresponding to 1446-05-23 |
| Distribution Date | 2024-12-08 Corresponding to 1446-06-07 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not applicable |
| Additional Information | We would like to draw the attention of the non-resident foreign investors, that the cash dividend distribution which will be transferred by the resident financial broker is subject to withholding tax of (5%), in accordance with the provisions of article (68) of the Income Tax Law and article (63) of its Implementing Regulations.
Furthermore, the Company would like to remind its shareholders to update their information and to link their bank account numbers to their investment portfolios to ensure the timely distribution of their cash dividends without any delay. Distribution of dividends will be made through direct transfers to the local bank accounts linked to the shareholders’ portfolios.
In case the deposit process fails, please contact the Investors Relations Department of BinDawood Holding Company at: investors@bindawood.com |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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