| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Almarai Company, during its meeting on 19th December 2022, has recommended to the General Assembly a payment of dividend for the financial year 2022 as follows: |
| Date of the board’s decision | 2022-12-19 Corresponding to 1444-05-25 |
| The Total amount distributed | SAR 1,000 million. |
| Number of Shares Eligible for Dividends | 1,000 million |
| Dividend per share | SAR 1.00 |
| Percentage of Dividend to the Share Par Value (%) | 10 % |
| Eligibility date | Dividends will be paid to the shareholders who are registered in Tadawul at the end of the second trading day following the General Assembly Meeting. |
Date of the General Assembly Meeting will be fixed after obtaining the approval from the related government agencies.
“for non-resident investors the dividend paid by the company is subject to a withholding tax of 5.0% upon transfer to the nonresident investor or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations.”
Almarai urges its shareholders to update their data and link their bank account numbers to their investment portfolios to ensure the timely receipt of their dividends.
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.