| Element List | Explanation |
|---|---|
| Introduction | Electrical Industries Co. announces the Board of directors’ resolution to distribute cash dividends to the shareholders for the first half of 2026, in accordance with the Dividends Distribution Policy for three years period, starting from the second half of 2024, which was approved by the General Assembly on 4th of Dec 2024, by distributing an amount of SAR 0.125 per share on semi -annual basis. |
| Date of the board’s decision | 2026-07-22 Corresponding to 1448-02-08 |
| The Total amount distributed | SAR 140,625,000 |
| Number of Shares Eligible for Dividends | 1,125,000,000 |
| Dividend per share | SAR 0.125 |
| Percentage of Dividend to the Share Par Value (%) | 25 |
| Eligibility date | 2026-08-04 Corresponding to 1448-02-21 |
| Distribution Date | 2026-08-23 Corresponding to 1448-03-10 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | None |
| Additional Information | The eligibility of dividends distribution shall be for the shareholders who own shares at the end of the trading day Tuesday 04-8-2026 and are registered in the Company’s share registry at the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date. We would like to draw the attention of the non-resident foreign investors that cash dividends distribution which is transferred by the resident financial broker is subject to withholding tax of 5%, in accordance with the provisions of Article (68) of income tax law and Article (63) of its implementing regulation. The company urges its shareholders to update their data and ensure that their bank accounts numbers are linked with their investment portfolios to ensure their dividends are deposited in their accounts without delay. In case of any inquiries, please contact shareholders relation through: Phone: 0138476112 email: abdulall@eic.com.sa |
Electrical Industries Co. announces the board of director’s decision to distribute cash dividends for First half of year 2026
AI Summary
- Electrical Industries Co. (EIC) will distribute SAR 140,625,000 in cash dividends to shareholders for the first half of 2026.
- The dividend is set at SAR 0.125 per share, representing 25% of the share's par value.
- Eligibility is scheduled for shareholders owning shares at the end of trading on August 4, 2026.
- The payment of dividends is slated to begin on August 23, 2026.
