Theeb Rent Car Distributes SR17.2 mln

Theeb Rent a Car Company announced the payment of as much as SR17.2 million interim cash dividends to shareholders, for Q3-2021, as of SR0.40 per share, equivalent to 4% of its nominal value, and 43 million shares due for dividends.

If the company’s shareholder stake, at the end of trading on Monday 11-22-2021, and he/she is registered in the shareholders’ register, at the Securities Depository Center (Edaa) at the end of the second trading day following the due date, and the distribution is made on December 5, 2021, a company’s shareholder shall be eligible for profits.

Non-resident foreign investors shall be aware that cash dividends transferred through a resident financial intermediary, subject to withholding tax, at a rate of 5% on transferred or credited to a bank account, in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its executive regulations, according to the company.

We’d also like to urge all of our valued shareholders to keep their information up-to-date and ensure that their bank account numbers are linked to their investment portfolios, in order that their profits can be deposited, as soon as possible, the company stated.

Please contact us if you have any questions:

Call 011-290-4339 or send an email to:

ir@theeb.sa