{ "schema_version": 1, "id": "sisco:1:319", "entry_id": 319, "channel": "news", "kind": "news", "language": "en", "slug": "saudi-industrial-services-co-announces-the-distribution-of-cash-dividends-for-the-first-half-of-the-financial-year-2023", "title": "Distribution of cash dividents Announcement", "url": "https://sisco.uxpan.net/en/media/press/view/saudi-industrial-services-co-announces-the-distribution-of-cash-dividends-for-the-first-half-of-the-financial-year-2023/", "markdown_url": "https://sisco.uxpan.net/en/md/news/saudi-industrial-services-co-announces-the-distribution-of-cash-dividends-for-the-first-half-of-the-financial-year-2023.md", "raw_url": "https://sisco.uxpan.net/en/md/raw/news/saudi-industrial-services-co-announces-the-distribution-of-cash-dividends-for-the-first-half-of-the-financial-year-2023.json", "published_at": "2023-08-24T00:00:00+00:00", "updated_at": "2026-10-12T05:33:04+00:00", "publication_status": "public", "knowledge_approval": "not_assessed", "translations": [], "source_revision": "8a2f5cf5ec79ce14071111b2247f5704199faa345470b15f1b7022a902476813", "representation": "rendered_public_components", "components": [ { "type": "entry", "markdown": "# Distribution of cash dividents Announcement\n\n[Original page](\u003Chttps://sisco.uxpan.net/en/media/press/view/saudi-industrial-services-co-announces-the-distribution-of-cash-dividends-for-the-first-half-of-the-financial-year-2023/\u003E)", "blocks": [ { "type": "heading", "level": 1, "text": "Distribution of cash dividents Announcement" }, { "type": "p", "markdown": "[Original page](\u003Chttps://sisco.uxpan.net/en/media/press/view/saudi-industrial-services-co-announces-the-distribution-of-cash-dividends-for-the-first-half-of-the-financial-year-2023/\u003E)" } ] }, { "type": "news", "markdown": "2023-08-24\n\nSAUDI INDUSTRIAL SERVICES CO. ANNOUNCES THE DISTRIBUTION OF CASH DIVIDENDS FOR THE FIRST HALF OF THE FINANCIAL YEAR 2023\n\n\u003Ctable\u003E\u003Cthead\u003E\u003Ctr\u003E\u003Cth\u003EElement List\u003C/th\u003E\u003Cth\u003EExplanation\u003C/th\u003E\u003C/tr\u003E\u003C/thead\u003E\u003Ctbody\u003E\u003Ctr\u003E\u003Ctd\u003EIntroduction\u003C/td\u003E\u003Ctd\u003ESaudi Industrial Services Company “SISCO” the “Company” is pleased to announce the Board of Directors’ resolution, to distribute a cash dividend to the Company’s shareholders for the first half of the financial year 2023 as follows:\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EDate of the board’s decision\u003C/td\u003E\u003Ctd\u003E2023-08-24 Corresponding to 1445-02-08\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EThe Total amount distributed\u003C/td\u003E\u003Ctd\u003E32,640,000\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003ENumber of Shares Eligible for Dividends\u003C/td\u003E\u003Ctd\u003E81,600,000\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EDividend per share\u003C/td\u003E\u003Ctd\u003E0.4 Saudi Riyal Per Share\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EPercentage of Dividend to the Share Par Value (%)\u003C/td\u003E\u003Ctd\u003E4 %\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EEligibility date\u003C/td\u003E\u003Ctd\u003EThe eligibility date is 18 Safar 1445H corresponding to 3rd September 2023. The eligibility of the dividends’ distribution will be for the Company’s shareholders who own shares on the eligibility date and are registered in the Company’s share registry at the Securities Depository Center Company, at the end of the second trading day following the eligibility date.\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EDistribution Date\u003C/td\u003E\u003Ctd\u003EThe dividend distribution date for eligible Company shareholders will begin 6 Rabi Al- Awwal 1445H corresponding to 21 September 2023.\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EAdditional Information\u003C/td\u003E\u003Ctd\u003E\u003Cp\u003EThe dividend distribution is the interim payment of the ordinary dividend for fiscal year ended 31 December 2023, in accordance with the approved dividend policy for the fiscal years 2023 and 2024.\u003C/p\u003E\u003Cp\u003EWe would like to draw the attention of foreign non-resident investors that the dividend paid by the Company is subject to a withholding tax of 5% upon transfer to the non-resident investor, or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations.\u003C/p\u003E\u003Cp\u003EIn addition, the Company would like to remind its shareholders that their bank details are updated, to ensure the timely distribution of the cash dividends to their accounts.\u003C/p\u003E\u003Cp\u003EWe are pleased to receive your inquiries by contacting our Investor Relations Department through the following channels:\u003C/p\u003E\u003Cp\u003EPhone No: (012) 661 9500 or\u003C/p\u003E\u003Cp\u003EEmail: IR@sisco.com.sa\u003C/p\u003E\u003C/td\u003E\u003C/tr\u003E\u003C/tbody\u003E\u003C/table\u003E", "blocks": [ { "type": "text", "text": "2023-08-24" }, { "type": "p", "markdown": "SAUDI INDUSTRIAL SERVICES CO. ANNOUNCES THE DISTRIBUTION OF CASH DIVIDENDS FOR THE FIRST HALF OF THE FINANCIAL YEAR 2023" }, { "type": "table", "rows": [ [ { "text": "Element List", "header": true, "rowspan": 1, "colspan": 1 }, { "text": "Explanation", "header": true, "rowspan": 1, "colspan": 1 } ], [ { "text": "Introduction", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "Saudi Industrial Services Company “SISCO” the “Company” is pleased to announce the Board of Directors’ resolution, to distribute a cash dividend to the Company’s shareholders for the first half of the financial year 2023 as follows:", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Date of the board’s decision", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "2023-08-24 Corresponding to 1445-02-08", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "The Total amount distributed", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "32,640,000", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Number of Shares Eligible for Dividends", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "81,600,000", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Dividend per share", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "0.4 Saudi Riyal Per Share", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Percentage of Dividend to the Share Par Value (%)", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "4 %", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Eligibility date", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "The eligibility date is 18 Safar 1445H corresponding to 3rd September 2023. The eligibility of the dividends’ distribution will be for the Company’s shareholders who own shares on the eligibility date and are registered in the Company’s share registry at the Securities Depository Center Company, at the end of the second trading day following the eligibility date.", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Distribution Date", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "The dividend distribution date for eligible Company shareholders will begin 6 Rabi Al- Awwal 1445H corresponding to 21 September 2023.", "header": false, "rowspan": 1, "colspan": 1 } ], [ { "text": "Additional Information", "header": false, "rowspan": 1, "colspan": 1 }, { "text": "The dividend distribution is the interim payment of the ordinary dividend for fiscal year ended 31 December 2023, in accordance with the approved dividend policy for the fiscal years 2023 and 2024.We would like to draw the attention of foreign non-resident investors that the dividend paid by the Company is subject to a withholding tax of 5% upon transfer to the non-resident investor, or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations.In addition, the Company would like to remind its shareholders that their bank details are updated, to ensure the timely distribution of the cash dividends to their accounts.We are pleased to receive your inquiries by contacting our Investor Relations Department through the following channels:Phone No: (012) 661 9500 orEmail: IR@sisco.com.sa", "header": false, "rowspan": 1, "colspan": 1 } ] ] } ] } ], "attachments": [], "content_sha256": "6a3940b514b6e32b5df4245003c97b7544a2d0a9ec460b66b68142d652ee9953", "markdown": "# Distribution of cash dividents Announcement\n\n[Original page](\u003Chttps://sisco.uxpan.net/en/media/press/view/saudi-industrial-services-co-announces-the-distribution-of-cash-dividends-for-the-first-half-of-the-financial-year-2023/\u003E)\n\n2023-08-24\n\nSAUDI INDUSTRIAL SERVICES CO. ANNOUNCES THE DISTRIBUTION OF CASH DIVIDENDS FOR THE FIRST HALF OF THE FINANCIAL YEAR 2023\n\n\u003Ctable\u003E\u003Cthead\u003E\u003Ctr\u003E\u003Cth\u003EElement List\u003C/th\u003E\u003Cth\u003EExplanation\u003C/th\u003E\u003C/tr\u003E\u003C/thead\u003E\u003Ctbody\u003E\u003Ctr\u003E\u003Ctd\u003EIntroduction\u003C/td\u003E\u003Ctd\u003ESaudi Industrial Services Company “SISCO” the “Company” is pleased to announce the Board of Directors’ resolution, to distribute a cash dividend to the Company’s shareholders for the first half of the financial year 2023 as follows:\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EDate of the board’s decision\u003C/td\u003E\u003Ctd\u003E2023-08-24 Corresponding to 1445-02-08\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EThe Total amount distributed\u003C/td\u003E\u003Ctd\u003E32,640,000\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003ENumber of Shares Eligible for Dividends\u003C/td\u003E\u003Ctd\u003E81,600,000\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EDividend per share\u003C/td\u003E\u003Ctd\u003E0.4 Saudi Riyal Per Share\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EPercentage of Dividend to the Share Par Value (%)\u003C/td\u003E\u003Ctd\u003E4 %\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EEligibility date\u003C/td\u003E\u003Ctd\u003EThe eligibility date is 18 Safar 1445H corresponding to 3rd September 2023. The eligibility of the dividends’ distribution will be for the Company’s shareholders who own shares on the eligibility date and are registered in the Company’s share registry at the Securities Depository Center Company, at the end of the second trading day following the eligibility date.\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EDistribution Date\u003C/td\u003E\u003Ctd\u003EThe dividend distribution date for eligible Company shareholders will begin 6 Rabi Al- Awwal 1445H corresponding to 21 September 2023.\u003C/td\u003E\u003C/tr\u003E\u003Ctr\u003E\u003Ctd\u003EAdditional Information\u003C/td\u003E\u003Ctd\u003E\u003Cp\u003EThe dividend distribution is the interim payment of the ordinary dividend for fiscal year ended 31 December 2023, in accordance with the approved dividend policy for the fiscal years 2023 and 2024.\u003C/p\u003E\u003Cp\u003EWe would like to draw the attention of foreign non-resident investors that the dividend paid by the Company is subject to a withholding tax of 5% upon transfer to the non-resident investor, or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations.\u003C/p\u003E\u003Cp\u003EIn addition, the Company would like to remind its shareholders that their bank details are updated, to ensure the timely distribution of the cash dividends to their accounts.\u003C/p\u003E\u003Cp\u003EWe are pleased to receive your inquiries by contacting our Investor Relations Department through the following channels:\u003C/p\u003E\u003Cp\u003EPhone No: (012) 661 9500 or\u003C/p\u003E\u003Cp\u003EEmail: IR@sisco.com.sa\u003C/p\u003E\u003C/td\u003E\u003C/tr\u003E\u003C/tbody\u003E\u003C/table\u003E" }