Raoom Trading Co. announces the board of director’s decision to distribute cash dividends for First Quarter of 2025
| Element List | Explanation |
|---|---|
| Introduction | Raoom Trading Company (Raoom) announces the Board of Directors’ resolution to distribute cash dividends to shareholders for the first quarter of the fiscal year 2025. |
| Date of the board’s decision | 2025-05-08 Corresponding to 1446-11-10 |
| The Total amount distributed | 4,687,500 |
| Number of Shares Eligible for Dividends | 12,500,000 |
| Dividend per share | 0.375 Saudi riyals |
| Percentage of Dividend to the Share Par Value (%) | 3.75 |
| Eligibility date | 2025-05-25 Corresponding to 1446-11-27 |
| Distribution Date | 2025-06-02 Corresponding to 1446-12-06 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not applicable |
| Additional Information | Raoom Trading Company would like to inform non-resident investors that cash dividend distributions are subject to a 5% withholding tax, in accordance with Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations.
Non-resident investors who are eligible for a tax exemption on dividends, as per the Zakat, Tax and Customs Authority (ZATCA), are kindly requested to contact the Investor Relations Department and submit the necessary documentation to support their exemption.
The company also urges all shareholders to ensure that their personal and banking information is up to date, and that their bank account numbers are linked to their investment portfolios, in order to ensure prompt and accurate dividend payments.
For inquiries, please contact our Investor Relations Department via:
Phone: +966 16 322 2999 ext. 243
Email: ir@raoom.com.sa |
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