Herfy to pay H1 2019 dividend on Oct. 24

15/10/2019 Argaam

 

Herfy Food Service Co. said in a bourse statement that Al Rajhi Bank will start on Thursday, Oct. 24, distributing H1 2019 dividend to shareholders by crediting such dividends to eligible shareholders’ accounts.

 

For shareholders, who are non-resident foreigners, 5 percent of the dividends paid will be deducted as withholding tax, according to the provisions of the Zakat and Income Tax regulations, the company added.

 

On Sept. 12, Herfy’s board of directors recommended a 10 percent cash dividend for the first half of 2019, at SAR 1.0 per share, amounting to SAR 64.68 million, Argaam reported.

 

Dividend Details (H1 2019)

Current Capital

SAR 646.8 mln

Number of shares

64.68 mln

Dividend

SAR 64.68 mln

Percentage of capital

10% (SAR 1.0 per share)

Record date

October 10, 2019

Payment date

October 24, 2019

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