Retal Urban Development Co. announces the board of director’s decision to distribute cash dividends for the second half of 2023
- Date: 28-Feb-2024
- Source: Mubasher
- Sector:Real Estate
- Country:Saudi Arabia
Retal Urban Development Co. announces the board of director’s decision to distribute cash dividends for the second half of 2023
28 February 2024 08:05 AM
RETAL
4322
-0.13%
7.98
-0.01
Element List
Explanation
Introduction
Retal urban development board of directors’ resolution regarding the distribution of cash dividends to the shareholders for the second half of 2023
Date of the board’s decision
2024-02-27 Corresponding to 1445-08-17
The Total amount distributed
80,000,000 Saudi Riyals
Number of Shares Eligible for Dividends
500,000,000 Shares
Dividend per share
0.16 Saudi Riyals
Percentage of Dividend to the Share Par Value (%)
16 %
Eligibility date
The eligibility date shall be at the end of trading day 05 May 2024 corresponding to 26 Shawwal 1445H for the shareholders registered in depository Center (Edaa) at the end of the second trading day following the eligibility date
Distribution Date
16 May 2024 Corresponding to 08 Dhul-Qi'dah 1445H
The name of other official authorities and the details of their non-refusal to the recommendation or decision
Not applicable
Additional Information
We would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to withholding tax of 5%, in accordance with