The Union Wire Factories Company announced the decision of the Board of Directors to distribute cash dividends to shareholders for the period until the end of last year and for the first half of 2020.
The company said in a statement to the Saudi Market (Tadawul), today, Wednesday, that the total amount of profits that the Board of Directors decided to distribute for the aforementioned period is 35.1 million riyals. / p>
and clarified that the percentage of dividends is 10% of the nominal value of the share at one riyal per share, indicating that the number of shares entitled to profits is 35.1 million shares.
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and indicated that the eligibility for distribution will be for shareholders who own shares on the due date on September 27, 2020, and who are registered in the company's shareholders register at the Securities Depository Center in Tadawul at the end of the second trading day following the date Entitlement.
and stated that the date of distribution will be on Thursday, October 8, 2020, stressing the need for the company's shareholders to quickly update their data and ensure that bank account numbers are linked to trading portfolios to ensure a deposit Their profits are in their accounts without delay.
(Amazon Fun Knowledge)
