Element List | Explanation |
---|---|
Introduction | Arabian Company for Agricultural and Industrial Investment (ENTAJ) announces the board of director’s recommendation to distribute cash dividends for the Fiscal Year 2024 |
Date of the board’s recommendation | 2025-04-02 Corresponding to 1446-10-04 |
The Total amount distributed | 15,000,000 |
Number of Shares Eligible for Dividends | 30,000,000 |
Dividend per share | 0.5 |
Percentage of Dividend to the Share Par Value (%) | 5 |
Eligibility date | The eligibility of cash dividends will be to the shareholders who own the Company’s shares on the eligibility date 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 stage. |
Distribution Date | The distribution date will be announced later. |
The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not applicable. |
Additional Information | The company would also like to draw the attention of non-resident investors in the Kingdom to the fact that the profits that the company will pay to them will be subject to a withholding tax of 5% upon transferring those profits or depositing them in their bank accounts, in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of Its executive regulations. |