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Alinma Bank announces the board of director’s decision to distribute cash dividends for the first quarter of 2024
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Alinma Bank has decided on 26 Shawwal 1445H Corresponding to 05 May 2024 to distribute cash dividends to the shareholders for the Frist quarter of 2024 |
| Date of the board’s decision | 2024-05-05 Corresponding to 1445-10-26 |
| The Total amount distributed | SAR 621,389,551 |
| Number of Shares Eligible for Dividends | 2,485,558,205 shares |
| Dividend per share | SAR 0.25 after deduction of Zakat |
| Percentage of Dividend to the Share Par Value (%) | 2.5 % |
| Eligibility date | The Eligibility date shall be at the end of trading day, Sunday, 11 Dhul Qada 1445H Corresponding to 19 May 2024 for the shareholders registered in Depository Center (Edaa) at the end of the second trading day following the dividends Eligibility date. |
| Distribution Date | 25 Dhul Qada 1445H Corresponding to 02 June 2024 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Non objection has been obtained from the Saudi Central Bank (SAMA) for Q1 2024 dividends distribution |
| Additional Information | 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 (when transferred or credited to the bank account) withholding tax of 5%, in accordance with the provisions of article (68) of the income tax law, and article (63) of its implementing regulation. As part of its keenness to safeguard the interests of its shareholders who did not receive dividends during previous periods, Alinma Bank announces that a query feature has been included on the Bank’s website via the following link: https://www.alinma.com/en/quick-links/dividends-inquiry For inquiries, please contact the Investor Relation Department on: 0112185252 or email: shareholders@alinma.com |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 31.7
Net Change 0.3 (+0.96%)
Value Traded (Sar) 244,790,493.2
Volume Traded 7,680,098
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