Distribution of cash dividends announcement

Sustained Infrastructure Holding Co. announces the distribution of cash dividends for the Second Half of the financial year 2023.

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Distribution of cash dividends announcement

Sustained Infrastructure Holding Co. announces the distribution of cash dividends for the Second Half of the financial year 2023.

Element ListExplanation
IntroductionSustained Infrastructure Holding Company “SISCO Holding” the “Company” is pleased to announce the Board of Directors’ resolution, to distribute a cash dividend to the Company’s shareholders for the second half of the financial year 2023 as follows:
Date of the board’s decision2024-03-11 Corresponding to 1445-09-01
The Total amount distributedSAR 32,534,199.2
Number of Shares Eligible for Dividends81,335,498 Shares
Dividend per share0.4
Percentage of Dividend to the Share Par Value (%)4 %
Eligibility dateThe eligibility date is 15 Ramadan 1445H corresponding to 25th March 2024, 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.
Distribution DateThe dividend distribution date for eligible Company shareholders will begin 9 Shawwal 1445H corresponding to 18 April 2024.
The name of other official authorities and the details of their non-refusal to the recommendation or decisionNot Applicable
Additional InformationThe dividend distribution is the final 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 or

Email: IR@sisco.com.sa


12 / 03 / 2024