| Element List | Explanation |
|---|---|
| Introduction | United Wire Factories Company (Aslak) announces the decision of the Board of Directors to distribute cash dividends to shareholders for the period ended 2020 AD and the second half of the year 2021 AD |
| Date of the board’s decision | 2022-01-31 Corresponding to 1443-06-28 |
| The Total amount distributed | 15,795,000 SR |
| Number of Shares Eligible for Dividends | 35,100,000 Shares |
| Dividend per share | SR 0.45 |
| Percentage of Dividend to the Share Par Value (%) | 4.5 % |
| Eligibility date | – Provided that the eligibility of the shareholders who own the shares by the end of the maturity date is Thursday 10/2/2022 AD and are registered in the company’s shareholders register at the Securities Depository Center for trading at the end of the second trading day following the due date. |
| Distribution Date | Monday 21/2/2022 AD |
| Additional Information | – The total amount to be distributed is 15,795,000 riyals (fifteen million seven hundred and ninety-five thousand riyals), which is as follows:
a) 695,045 riyals (six hundred and ninety-five thousand and forty-five riyals) representing the balance of retained earnings for distribution until December 31, 2020 AD. b) 15,099,955 riyals (fifteen million and ninety-nine thousand nine hundred fifty-five riyals) for the second half of the year 2021 AD. – The company also calls upon its shareholders to promptly update their data and ensure that bank account numbers are linked to the trading portfolios to ensure that their profits are deposited without delay. For inquiries: United Wires Factories Company (Aslak) Tel: -0112655556 Ext.1713 |
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