Alujain Corp. announces the board of director’s decision to distribute cash dividends for First Quarter of the Year 2025
| Element List | Explanation |
|---|---|
| Introduction | Alujain Corporation “the Company” announces the approval of its Board of Directors on the distribution of interim cash dividends to its shareholders for the first quarter of the year 2025G in accordance with the Company's approved distribution Policy and the previously announced quarterly dividend distribution plan for 2025 G |
| Date of the board’s decision | 2025-05-19 Corresponding to 1446-11-21 |
| The Total amount distributed | SR 51,900,000 |
| Number of Shares Eligible for Dividends | 69,200,000 |
| Dividend per share | SR 0.75 |
| Percentage of Dividend to the Share Par Value (%) | 7.5 |
| Eligibility date | 2025-05-21 Corresponding to 1446-11-23 |
| 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 | We would like to draw the attention to the following:
1) The eligibility of dividends shall be for the shareholders who owns the shares in the shareholders register by end of the eligibility day. 2) Cash dividends to non-resident investors 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 bylaws. 3) Non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority, must communicate with the Investors Relations Department, through E-mail, within (3) days from the eligibility date to provide the supporting documents of tax exemption. 4) The dividends will be transferred to the investment accounts through the custodial members. To ensure that the dividends are deposited in the investment accounts without delay, we urge the shareholders’ to ensure that their data are updated with the custodial members. In case of any enquiry, please contact the Shareholders Affairs Department of the company at: info@alujain.sa |
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