SHL BOD approves distributing SR77.4 mln profit for 2021

Saudi Home Loans Co. (SHL) announces as per the Board of Director approval the distribution of cash dividend to the shareholders for the financial year ended 31/12/2021, which amounted to SR 77.4 million, with dividend per share at SR 0.774 and percentage of dividend to the share par value at 7.74%.

Additional Information:

The company urges our respected shareholders to update their banking information to ensure the deposit of the cash dividends directly into their accounts.

In addition, 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 a withholding tax of 5% according to the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations.

The eligibility of dividends shall be for the Shareholders who own the Company’s shares and registered in the Company’s register at the Securities Depository Center Company (Edaa) by the end of the trading date of 31/05/2022.