Element List | Explanation |
---|---|
Introduction | The Board of Directors of Arab National Bank has decided on 5-2-2025 distribution of an interim cash dividend to the shareholders for the second half of 2024 |
Date of the board’s decision | 2025-02-05 Corresponding to 1446-08-06 |
The Total amount distributed | 1,296,750,000 SAR |
Number of Shares Eligible for Dividends | 1,995,000,000 shares |
Dividend per share | 0.65 Halalah after deduction of Zakat |
Percentage of Dividend to the Share Par Value (%) | 6.5 |
Eligibility date | 2025-02-09 Corresponding to 1446-08-10 |
Distribution Date | 2025-02-19 Corresponding to 1446-08-20 |
The name of other official authorities and the details of their non-refusal to the recommendation or decision | It should be noted that the Bank has obtained no-objection from the Saudi Central Bank on the Board of Directors’ decision to distribution of an interim cash dividend for the second half of 2024 |
Additional Information | We would like to draw the attention of the non resident foreign investors that the cash dividend distributed which is transferred by the resident financial broker is subject when transferred or credited to the non resident foreign investors bank account to a with holding tax of 5% in accordance with the provisions of article 68 of the income tax law and article 63 of its implementing regulations. |