Marble Design Factory Company announces the approval of the company's board of directors to distribute cash dividends to shareholders for the first half of the year 2024, That decision came on 2024-08-04 Corresponding to 1446-01-29. The Total amount distributed 10,200,000 Number of Shares Eligible for Dividends6,000,000 Dividend per share 1.7, As for the percentage of Dividend to the Share Par Value (17%) Eligibility date 2024-08-08 Corresponding to 1446-02-04 Distribution Date2024-08-15 Corresponding to 1446-02-11 The company also clarified some additional information: Eligibility shall be at the end of trading day 08-08-2024 Corresponding to 04/02/1446 for the shareholders registered in Depository Center (Edaa) at the end of the second trading day following the dividend distribution date. The company would like to announce to its valued shareholders that dividends will be distributed by automatically depositing into their investment accounts linked to the shareholders’ portfolios at all banks through AlRajhi bank on Thursday 11-02-1446 AH corresponding to 15-08-2024 G The company also explained to non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to a withholding tax of 5%, in accordance with the provisions of article 68 of the income tax law and Article 63 of its implementing. The company also assured its shareholders of the necessity to update their data and ensure that bank account numbers are linked to investment portfolios to ensure depositing their profits without delay.
Marble Design Co. announces the board of director’s decision to distribute cash dividends for First half of 2024 AD
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