Enma Alrawabi Company announces the distribution of cash dividends to shareholders for the second half of the year 2024.

03/23/2025

Enma Alrawabi Company Announces the Board of Directors’ Decision to Distribute Cash Dividends to Shareholders for the Second Half of 2024
Enma Alrawabi Company announces the decision of its Board of Directors to distribute cash dividends to shareholders for the second half of 2024.
The total distributed amount is SAR 10 million, which will be allocated to 40 million shares, resulting in a dividend of SAR 0.25 per share, representing 2.5% of the nominal value of the share.
The entitlement to the dividends will be for shareholders owning shares as of March 24, 2024, while dividend distribution will commence on April 10, 2025.
The dividends will be distributed through the Securities Depository Center Company (Edaa), which will transfer the dividends to investment accounts through custodians. To ensure timely deposit of the dividends into investment accounts, all esteemed shareholders are reminded to ensure that their information is updated with their respective custodians.
Furthermore, cash dividends transferred to non-resident foreign shareholders via the resident financial intermediary will be subject to a withholding tax of 5% upon transfer or when credited to the account, in accordance with Article (68) of the Income Tax Law of the Kingdom of Saudi Arabia and Article (63) of its Implementing Regulations.
The company also emphasizes that non-resident investors who have tax exemptions on dividend distributions granted by the Zakat, Tax, and Customs Authority should contact the company within five calendar days from the entitlement date and provide the necessary documents supporting the tax exemption.