| Element List | Explanation |
|---|---|
| Introduction | Tanmiah Food Company announces the Board of Director recommendation to distribute cash dividends to the shareholders for the financial year 2023 |
| Date of the board’s recommendation | 2024-05-09 Corresponding to 1445-11-01 |
| The Total amount distributed | SAR 38 million |
| Number of Shares Eligible for Dividends | 20 million shares |
| Dividend per share | SAR 1.90 per share |
| Percentage of Dividend to the Share Par Value (%) | 19 % |
| 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 distribution date will be announced at a later stage. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
| Additional Information | Tanmiah 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 like to draw the attention of foreign non-resident investors. The dividends paid by the company are subject to a withholding tax of 5% upon transfer to the non-resident investors or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations. For further inquiries, please contact the Company’s Investor Relations Department at IR@Tanmiah.com |
