Retal Urban Development Co. announces the Board of Director’s decision to distribute cash dividends for first half of 2025
| Element List | Explanation |
|---|---|
| Introduction | Retal Urban Development Co. announces Board of Directors resolution regarding the distribution of cash dividends to the Shareholders with total amount of SAR 55,000,000 for the first half of 2025 |
| Date of the board’s decision | 2025-08-03 Corresponding to 1447-02-09 |
| The Total amount distributed | 55,000,000 |
| Number of Shares Eligible for Dividends | 500,000,000 |
| Dividend per share | 0.11 Saudi Riyals |
| Percentage of Dividend to the Share Par Value (%) | 11 |
| Eligibility date | 2025-09-29 Corresponding to 1447-04-07 |
| Distribution Date | 2025-10-09 Corresponding to 1447-04-17 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not applicable. |
| Additional Information | The eligibility of dividends shall be for Shareholders who own the shares at the close of trading on 29 September 2025 as per the Company Shareholders register with the Securities Depository Center Company (Edaa) at the end of the 2nd trading day following the eligibility date.
The dividends will be distributed through the Securities Depository Center Company (Edaa), which will transfer the dividends to the investment portfolios through the custody members. To ensure that the dividends are deposited in the investment portfolios without delay, the Company would like to remind all Shareholders of the need to ensure that their data is updated with the custody members.
The Company would like to draw the attention of Non-Resident Investors that the distribution of cash dividends is subject to a withholding tax of 5% upon transfer or crediting the amount to their accounts in accordance with the provisions of the Income Tax Law and its Implementing Regulation.
For any inquiries, please contact Investor Relations department at: +966138013803 or by e-mail: IR@retal.com.sa |
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