Introduction Al khaleej Training and Education Company announces the recommendation of the Board of Directors to the next General Assembly to distribute cash dividends to shareholders for the fiscal year 2020.
Date of the board’s decision 2021-03-30 Corresponding to 1442-08-17
The Total amount distributed 11.250.000 riyals
Number of Shares Eligible for Dividends 45.000.000
Dividend per share (0.25) quarter riyals
Percentage of Dividend to the Share Par Value (%) 2.5 %
Eligibility date The right of profits to the shareholders of the company who own the shares on the day of the General Assembly (the day of entitlement) and who are registered in the company’s shareholders ’register with the Securities Depository Center (Edaa center) at the end of the second trading day following the date of the general assembly that will be announced later after taking the necessary approvals from the designated authorities.
Distribution Date The distribution date will be announced later.
Additional Information

We hope our valued shareholders to quickly update their information and ensure that their bank account numbers are linked to their investment portfolios to ensure that their profits are deposited directly into their accounts with banks

We would also like to draw the attention of the non-resident foreign investors to the fact that cash dividends that are transferred through the resident financial intermediary will, upon transfer or registration in his bank account, be subject to withholding tax at a rate of 5% in accordance with the provisions of Article (68) of the Income Tax Law and Article (63). From its executive regulations.

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.