Bank AlJazira is pleased to announce the distribution of cash dividends to its eligible shareholders for the first half of 2019 amounting to SAR 246 million at the rate of SAR 0.30per share, which represents 3% of the nominal value of the share, after Zakat deduction. The Bank’s board of directors has resolved on Thursday 01 August 2019 distributing interim cash dividends to the shareholders, approved the payment of the proposed dividend to the shareholders, owning shares on the due date as at the end of the trading day Sunday 04 August 2019 for the shareholders registered in the Depository Center (Edaa) at the end of the second trading day following the dividends eligibility date.

Dividends payment will commence from Monday 26 August 2019 to shareholders, by crediting such dividends to the accounts linked to their investment portfolios.

However, shareholders whose account details are not available or incomplete may contact the nearest Bank AlJazira branch or contact the Shareholders’ Registry Unit at Telephone No. 012-6098394 or via e-mail update their information and arrange for receipt of their dividends. Shareholders who have not received their dividends for prior periods or whose share certificates were not deposited in their investment portfolios, are kindly advised to use the name search tool that has been added to the Bank’s website for name search and dividend eligibility, under the link:

The Bank also would like to draw the attention of non-resident foreign investors that the cash dividends transferred by the resident financial intermediary are subject to a withholding tax at the rate of 5% in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations.