| introduction | Mulkia Investment Company announces the recommendation of its Board of Directors to distribute cash dividends to shareholders for the fiscal year 2024. |
| Date of the board’s recommendation | 12 Ramadan 1446 H Corresponding to12 March 2025 |
| The Total amount distributed | 16,250,000 SAR |
| Number of Shares Eligible for Dividends | 6,500,000 Shares |
| Dividend per share | SAR 2.5 per share |
| Percentage of Dividend to the Share Par Value (%) | 25 |
| Eligibility date | The entitlement date for dividends to the company’s shareholders who own shares at the end of trading on the day of the General Assembly meeting, which will be determined later, and registered in the Company’s register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the General Assembly meeting. |
| Distribution Date | Distribution date will be announced later after the company’s general assembly approves this recommendation. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision |
N/A |
| Additional Information |
The company management would like to draw the attention of the foreign investors non-resident in Saudi Arabia that the cash dividend distribution which is transferred by the resident financial broker is subject to a withholding tax of 5% according to the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations. The company would like to remind its shareholders to update their information and be sure to link their bank account numbers with their investment portfolios to ensure the deposit of the cash dividends directly into their accounts without any delay.
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