Scientific & Medical Equipment House Co. Announces the Board of Directors’ Recommendation to the General Assembly to Distribute Cash Dividends to Shareholders for the Year 2024.
Date of the board’s recommendation
2025-08-10 Corresponding to 1447-02-16
The Total amount distributed
(30,000,000) SAR Thirty Million Saudi Riyals.
Number of Shares Eligible for Dividends
(30,000,000) shares, Thirty Million Shares.
Dividend per share
(1.00) SAR per share, One Saudi Riyal per Share.
Percentage of Dividend to the Share Par Value (%)
10
Eligibility date
The eligibility for the cash dividends will be for the shareholders who own the shares and are registered in the Company’s shareholders register at the Securities Depository Center Company (Edaa) by the end of the second trading day following the date of the Company’s General Assembly Meeting, the date of which will be announced at a later time.
Distribution Date
The distribution date will be determined at a later time after the General Assembly approves the recommendation to distribute dividends.
The name of other official authorities and the details of their non-refusal to the recommendation or decision
Not applicable
Additional Information
The Company would like to notify its esteemed shareholders that the cash dividends will be distributed through the Securities Depository Center Company (Edaa), which will transfer the dividends to the investment accounts through the Custody Members.
To ensure that the due dividends are deposited into the bank accounts linked to the investment portfolios without any delay, the Company urges all shareholders to ensure that their information is updated with both the Custody Members and the banks handling their investment accounts, in order to guarantee the direct deposit of their future dividends.
The Company also draws the attention of non-resident foreign shareholders to the fact that cash dividends transferred through the resident financial intermediary are subject to a withholding tax of 5%, in accordance with Article (68) of the Tax Law and Article (63) of its Implementing Regulations.
For inquiries, please contact the Investor Relations Department:
• Phone: +966 11 464 6699 Ext. 580
• Mobile: +966 58 006 5899
• Email: Investor.Relations@smeh.com.sa
