| Element List | Explanation |
|---|---|
| Introduction | Thob Al Aseel Company announces the Board of Directors’ decision to distribute cash dividends to shareholders for the first half of the fiscal year 2024. |
| Date of the board’s decision | 2024-07-24 Corresponding to 1446-01-18 |
| The Total amount distributed | 36 million riyals |
| Number of Shares Eligible for Dividends | 400 Million Shares |
| Dividend per share | 0.09 |
| Percentage of Dividend to the Share Par Value (%) | 9 |
| Eligibility date | 2024-08-01 Corresponding to 1446-01-26 |
| Distribution Date | Dividends will be paid within 15 working days of the due date |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not applicable |
| Additional Information | Dividends eligibility will be for the company’s shareholders who own shares by the end of trading on Thursday, 01/08/2024, and who are registered in the company’s shareholder register at the Securities Depository Center Company (Edaa) by the end of the second trading day following the due date. |
The company urges all esteemed shareholders to update their information and ensure their bank account numbers are linked to their investment portfolios to guarantee the timely deposit of their dividends into their accounts without delay.
We would also like to draw the attention of non-resident foreign investors that cash dividends transferred via the resident financial intermediary are subject to a withholding tax of 5% when transferred or credited to their accounts, in accordance with the provisions of Article (68) of the tax system and Article (63) of its executive regulations.
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.