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Saudi Manpower Solutions Co. announces the board of director’s decision to distribute cash dividends for the Second half of 2024
26/03/2025
Tadawul
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| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Manpower Solutions Company - SMASCO, decided , Wednesday, March 26, 2025, to distribute cash dividends to shareholders at a rate of 13% of the capital (0.13 riyals per share) as profits for the Second half of 2024. |
| Date of the board’s decision | 2025-03-26 Corresponding to 1446-09-26 |
| The Total amount distributed | 52 million Saudi riyals |
| Number of Shares Eligible for Dividends | 400 Million Shares |
| Dividend per share | 0.13 Saudi riyals |
| Percentage of Dividend to the Share Par Value (%) | 13 |
| Eligibility date | 2025-04-07 Corresponding to 1446-10-09 |
| Distribution Date | 2025-04-20 Corresponding to 1446-10-22 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
| Additional Information |
The company reminds its valued shareholders to update their data and ensure that their bank account numbers are linked to their trading portfolios to ensure deposit of their profits.
We also would like to draw the attention of non-resident foreign investors to the fact that cash dividends transferred through a resident financial intermediary are subject to a 5% withholding tax upon transfer or crediting to their account, in accordance with the provisions of Article (68) of the Tax Law and Article (63) of its Executive Regulations.
For inquiries, please contact us at investor.relations@smasco.com |
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