|Introduction||The Board of Directors of Umm Al-Qura Cement Company decided to distribute cash dividends to the company’s shareholders for the first half of the financial year 2021 as follows:|
|Date of the board’s decision||2021-07-29 Corresponding to 1442-12-19|
|The Total amount distributed||27500000|
|Number of Shares Eligible for Dividends||55000000|
|Dividend per share||SAR 0.50 per Share|
|Percentage of Dividend to the Share Par Value (%)||5 %|
|Eligibility date||The eligibility for profits is for the shareholders of the company who owns shares at the end of trading on Sunday 15/08/2021 – 07/01/1443 AH and who are registered in the company’s shareholders register at the Edaa Center at the end of the second trading day following the due date.|
|Distribution Date||Distribution date will be Sunday 29/08/2021|
|Additional Information||The company calls upon its Shareholders to quickly update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their dividend is deposited in their accounts with the banks on the distribution day.
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 the provisions of article 68 of the income tax law and article 63 of its implementing regulation.