Canadian Medical Centre BOD to distribute SAR 7.7 million cash dividend for H1 of 2023

Canadian Medical Centre Co. announced the Board of Director’s resolution with approval on distributing SAR 7.7 million cash dividends for shareholders for the first half of 2023, with a dividend per share of SAR 0.10 and a percentage of dividend to the share par value of 10%.

The company stated on Sunday on Tadawul that the number of shares eligible for dividends is 77 million shares.

The eligibility of dividends shall be for the shareholders who own shares on the closing of, 27.08.2023 and registered in the Securities Depository Center Company (Depository Centre) at the end of the second trading day following the date of maturity.

Accordingly, the company would like to announce that dividends will be distributed automatically by depositing in the investment accounts linked to the shareholders’ portfolios at all banks, starting on Tuesday, 12.09.2023, through Saudi Fransi Bank.

The company also would like to draw the attention of non-resident foreign investors to the cash dividends that transferred through the financial intermediary, the values that take place upon transfer, or when they credited to his account for withholding tax at a rate of 5% according to Article (68) of the tax system and Article (63) of its executive regulations.