THIS SITE USES COOKIES

This website uses first and third party cookies (and equivalent technologies) to improve your experience on our site. Necessary cookies ensure that this site functions properly. We also use cookies to analyze how our site performs, understand your preferences and deliver tailored commercial content on this and other sites. For more information about which cookies we use, the information collected and SABIC’s purposes, please see our Cookie Notice. By clicking ‘Accept Cookies’ you agree to the use of such cookies. Alternatively you can manage which cookies are placed on your device by selecting

Manage Cookies

ACCEPT COOKIES

Menu Close SABIC GLOBESearch

SABIC Agri-Nutrients Company announces the distribution of cash dividends for second half of 2022

12/22/2022

Element List Explanation
Introduction

SABIC Agri-Nutrients Company announces the board of directors recommendation to distribute cash dividends to shareholders for the second half of 2022.
Date of the board’s decision 2022-12-19 Corresponding to 1444-05-25
The Total amount distributed 3,808,283,232 SAR
Number of Shares Eligible for Dividends 476,035,404 Shares
Dividend per share 8 SAR
Percentage of Dividend to the Share Par Value (%) 80%
Eligibility date The eligibility date of the dividends shall be at the end of trading day of the Company General Assembly meeting day (which will be announced at a later date) for the shareholders registered in Depository Center at the end of the second trading day following the General Assembly Meeting date.
Distribution Date Distribution date will be announced later.
Additional Information

The company would like to clarify to the shareholders that the Board of Directors recommend to distribution (4) riyals per share for the second half of the year 2022 and in view of the company outstanding performance, the Board of Directors recommend to distribution of an additional (4) riyals per share, so that the total amount of distribution for the second half of 2022 is (8) riyals per share.

The company calls upon its Shareholders to quickly update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their dividend are deposited in their accounts with the banks on the distribution day and that all the certificates they hold should be deposited in their portfolios through submission to the Securities Depository Center Company (Edaa): Riyadh (King Fahd Road - Towers Cooperative - Eastern Tower - Ground Floor) or contact via 920001919.

The company would like to draw the attention of non-resident investors, the dividend paid by the Company is subject to a withholding tax of 5% upon transfer to non-resident investors or credited to their bank accounts according to the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations.

Accordingly, the company emphasize to non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority, to communicate with the company within 5 five calendar days from the eligibility date and to provide the company with documents supporting tax exemption.

For more inquiries, please contact Investor Relations Department at:

Tel: 0133406621 – 0133402228

E-mail: InvestorRelations@Agri.sabic.com