The Board of Directors of the Fourth Mills decides to distribute 59.4 million riyals for the first half of 2024
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Riyadh - Mubasher: The Fourth Mills Company announced the board of directors’ decision to distribute interim cash dividends to shareholders for the first half of 2024, amounting to SAR 59.4 million.
The company explained, in a statement to "Tadawul" today, Thursday, that the number of shares entitled to dividends amounted to 540 million shares, and the share's share of the distribution is 0.11 riyals per share after deducting zakat, and the distribution ratio to the nominal value of the share is 11%.
She explained that the eligibility date will be November 14, 2024, and the distribution of profits will begin on November 28, 2024.
She pointed out that the company's cash profits for non-resident investors are subject to a withholding tax of (5%) in accordance with the provisions of Article (68) of the Income Tax System and Article (63) of its executive regulations .
She pointed out that profits will be transferred to investment accounts through custodian members, and to ensure that profits are deposited into investment accounts without delay, we urge shareholders to ensure that their data is updated with custodian members.