United International Transportation Co. announces the distribution of cash dividend for the second half of 2021.
ELEMENT LIST |
EXPLANATION |
Introduction |
Based on the profits achieved by the Group, the Board of Directors recommends distributing final cash dividends to the Shareholders for the second half of 2021. |
Date of the board’s decision |
2022-03-30 Corresponding to 1443-08-27 |
The Total amount distributed |
92,516,668 SAR |
Number of Shares Eligible for Dividends |
71,166,668 Shares |
Dividend per share |
1.3 SAR Per Share |
Percentage of Dividend to the Share Par Value (%) |
13 % |
Eligibility date |
The eligibility of cash dividends will be to the shareholders who own the Company’s shares on the eligibility date and are registered in the Company's register at the Securities Depository Center Company (Edaa) by the end of the second trading day following the day of the Company’s General Assembly meeting (eligibility date), which will be announced at a later stage. |
Distribution Date |
Distribution date will be announced later. |
Additional Information |
The General Assembly date will be set after securing the formal approvals from the relevant authorities and in which the Board’s recommendation in this relation will be ratified. The Company calls upon its Shareholders to quickly update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their cash dividends are deposited in their accounts with the banks on the distribution day after securing the General Assembly’s approval. Consequently, the Board of Directors approved the interim dividends distribution of 0.6 riyals per share for the first half of the year 2021, and the profits were deposited in the shareholders' portfolios on 20-09-2021 so that the total recommended profits for the results of the year 2021 amounted to 135,216,669 Saudi riyals. |