ALINMA

05 May, 2024 08:44

Alinma Bank announces the board of director’s decision to distribute cash dividends for the first quarter of 2024

Element ListExplanation
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

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