Arabian Centres Co. (Cenomi Centers) announces the Board of Directors’ decision to distribute cash dividends For the Fourth quarter of fiscal year 2024
Element List | Explanation |
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Introduction | Arabian Centres Co. (“Cenomi Centers” or the “Company”) is pleased to announce its Board of Directors’ decision (by circulation) to distribute cash dividends to the shareholders for the Fourth quarter of the fiscal year 2024. |
Date of the board’s decision | 2025-05-11 Corresponding to 1446-11-13 |
The Total amount distributed | SAR 178,125,000 |
Number of Shares Eligible for Dividends | 475,000,000 Shares |
Dividend per share | SAR 0.375 |
Percentage of Dividend to the Share Par Value (%) | 3.75 |
Eligibility date | 2025-06-15 Corresponding to 1446-12-19 |
Distribution Date | 2025-07-03 Corresponding to 1447-01-08 |
The name of other official authorities and the details of their non-refusal to the recommendation or decision | None. |
Additional Information | The eligibility of dividends shall be for the shareholders at the close of trading on 15/06/2025, who are registered in the register of The Securities Depository Center Company at the end of the second trading day following the eligibility date.
The distribution will be through Saudi Awwal Bank branches by direct bank transfer to shareholders’ bank accounts linked to their portfolios. For the shareholders who own investment portfolios linked with bank accounts that do not accept bank transfers, they must go to any Saudi Awwal Bank branch along with their National ID (for Saudis) or Iqama (for non- Saudis) to collect their dividends directly from the bank. ACC urges its shareholders to update their data and to make sure to link their bank account numbers to their investment portfolios to ensure the receipt of their cash dividends.
We would like to draw the attention to the foreign non-resident investors that the dividend paid by the Company is subject to a withholding tax of 5% upon transfer to the non-resident investor or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations.
In case of the non-receiving of the dividend on the mentioned distribution date above, please dial Saudi Awwal Bank on the toll-free number (8001248888) or visit its nearest branch or contact the Investor Relations Department at Cenomi Centers. |
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