Saudi Arabia Refineries Co. announces the distribution of cash dividend for For Year 2020


Introduction The Board of Directors of the Saudi Arabian Refineries Company (SARCO), in its meeting held on Wednesday 19/07/1442 corresponding to 03/03/2020 , recommended to the Ordinary General Assembly (fifty) to disburse cash dividends for the year 2020 to shareholders
Date of the board’s decision 2021-03-03 Corresponding to 1442-07-19
The Total amount distributed 11,250,000 SR
Number of Shares Eligible for Dividends 15 Million Shares
Dividend per share 75 Halala
Percentage of Dividend to the Share Par Value (%) %7.5
Eligibility date Eligibility for the profits of the shareholders who own the shares of the company at the end of the trading day of the (fiftieth) Ordinary General Assembly, which will be announced later, and who are registered in the company’s shareholders ’register with the Securities Depository Center Company (Edaa) at the end of the second day after the maturity date.
Distribution Date The dividend distribution date will be announced later
Additional Information The agenda of the assembly will be announced later after obtaining the approval of the competent authorities.
The company inform all honorable shareholders to update their data and ensure that their bank account numbers are linked with their investment portfolios. The company also hopes that its honorable shareholders who hold certificates will quickly deposit them in their investment portfolios or refer to the company’s shareholder affairs official to ensure that their due profits are deposited directly into their accounts.