Herfy Food Services Co. announces the distribution of cash dividend for the first half of 2019
|Introduction||Herfy food Services Company announces that the Board of Directors has on Wednesday 11 September 2019 the distributing interim cash dividends to the Shareholders for the first half of 2019 as follows:|
|Board Resolution Date||2019-09-11 Corresponding to 1441-01-12|
|Total Amount of Dividend Distributed||64680000|
|Number of Shares Eligible for Dividends||64680000|
|Dividend per share||1 Riyal|
|Percentage of Dividend to the Share Par Value (%)||10 %|
|Eligibility date||The eligibility of dividends will be for shareholders on the eligibility date which is THURSDAY 10 /10/2019, registered in the company records at the Depository Center (SDC) by the end of the second trading day following the eligibility date being MONDAY 14 /10 /2019|
|Distribution Date||THURSDAY 24/10/2019|
|Additional Information||We would like to draw the attention to the following regulation regarding the payment of dividend: for foreign non-resident investors the dividend paid by the company is subject to a withholding tax of 5.0% upon transfer to the non-resident investor or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations. |
herfy urges its shareholders to update their data and make sure to link their bank account numbers to their investment portfolios to ensure the receipt of their dividends.
The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.