Obeikan Glass Co. announces the distribution of cash dividend for the fiscal year of 2023

Obeikan Glass Co. announces the distribution of cash dividend for the fiscal year of 2023

28 December 2023 08:52 AM

Element List

Explanation

Introduction

Obeikan Glass Company announces the Board of Directors' decision to distribute cash dividends to shareholders for year 2023.

Date of the board’s decision

2023-12-27 Corresponding to 1445-06-14

The Total amount distributed

64,000,000

Number of Shares Eligible for Dividends

32,000,000

Dividend per share

2 Saudi Riyal

Percentage of Dividend to the Share Par Value (%)

20 %

Eligibility date

The eligibility of dividends will be to the shareholders owning shares on the due date which is Monday, 15/09/1445 AH corresponding to 25/03/2024, and those who are registered in the company’s shareholders register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date.

Distribution Date

22/09/1445 AH corresponding to 01/04/2024

Additional Information

The distribution will be, God willing, through direct transfer to the bank accounts linked to the shareholders’ investment portfolios. The company urges the shareholders to update their data with the banks that hold their accounts to ensure that their due dividends are deposited directly and without delay. For inquiries of