| Element List | Explanation |
|---|---|
| Introduction | Arabian Pipes Co. announces the board of director’s recommendation to distribute cash dividends for About the year 2025 AD |
| Date of the board’s recommendation | 2026-02-19 Corresponding to 1447-09-02 |
| The Total amount distributed | 34 Million SAR |
| Number of Shares Eligible for Dividends | 200 Million share |
| Dividend per share | 0.17 |
| Percentage of Dividend to the Share Par Value (%) | 0.17 |
| Eligibility date | The eligibility of dividends shall be for the shareholders who own the shares on the day of the general assembly meeting and registered in the Securities Depository Center on the closing of next trading day after the general assembly meeting, which will be announced later after getting the necessary approvals from the relevant authorities. |
| Distribution Date | The distribution date will be announced later after approving the distribution of dividend by the General Assembly. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | N/A |
| Additional Information | The company urges its respected shareholders to update their banking information to ensure the deposit of the cash dividends directly into their accounts. In addition, we would like to draw the attention of the non-resident foreign investors 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. We are pleased to receive your inquiries by contacting us via email: contact@arabian-pipes.com |