SCIENTIFIC & MEDICAL EQUIPMENT HOUSE CO. announces the distribution of cash dividends to shareholders for the fiscal year 2021

ELEMENT LISTEXPLANATION
IntroductionThe Board of Directors of SCIENTIFIC & MEDICAL EQUIPMENT HOUSE CO. approved, in its meeting held on Tuesday 23/10/1443 AH corresponding to 24/05/2022, the distribution of cash dividends to the shareholders for the fiscal year 2021.
Date of the board’s decision2022-05-24 Corresponding to 1443-10-23
The Total amount distributed20,000,000
Number of Shares Eligible for Dividends20,000,000
Dividend per share(1) Saudi Riyals
Percentage of Dividend to the Share Par Value (%)10 %
Eligibility dateCash dividends will be distributed to shareholders owning shares at the end of the second trading day following the day of the company’s General assembly, which will be announced later.
Distribution DateIt will be announced later.
Additional InformationSCIENTIFIC & MEDICAL EQUIPMENT HOUSE CO. draws the attention of shareholders who own investment portfolios that their cash profits will be deposited directly into their bank accounts linked to the investment portfolios.

The company calls upon the shareholders to update their data with the banks in which their accounts are held, in order to ensure that their due profits are deposited directly in the future.

The company also draws the attention of non-resident foreign shareholders to the fact that cash dividends that are transferred through the resident financial intermediary are subject when transferred or when credited to the bank account to a 5% withholding tax in accordance with the provisions of Article (68) of the tax law and Article No. (63) of its regulations Executive.

In the event of any question related to the distribution of profits, the shareholders of SCIENTIFIC & MEDICAL EQUIPMENT HOUSE CO. can communicate with the company via e-mail Investor.Relations@smeh.com.sa or on the phone number 011 464 6699 Ext. (580).