Saudi Ceramic distributes SR59, 9 cash dividends for 2021 second half

The Board of Directors of the Saudi Ceramic Company decided, in their meeting held on February 16, 2022, to approve the distribution of cash dividends to the Company’s shareholders for the second half of the year 2021.

The Total amount distributed is SR59, 873,481. The number of shares eligible for dividends is 79,831,308 Shares. Dividend per share is SR0.75. Percentage of dividend to the share par value is 7.5 %.

The eligibility is for the shareholders who own shares at the closing of the market on the twenty first of February 2022 and who are registered in the Company’s shareholders register at the Depository Center at the end of the second trading day following the due date.

The distribution date will be on March 03, 2022.

The Company requests all shareholders to update their data and ensure that their bank account numbers are linked with their investment portfolios to ensure that their due dividends are deposited directly into their accounts.

In accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations, the dividends of non-resident investors in the Kingdom will be subject to a 5% withholding tax when transferred or deposited in their bank accounts.