United Industries Company announced that the cash dividends for the shareholders registered in the company’s records will start on the date of the Ordinary General Assembly meeting on Tuesday, June 23, 2020 at 5% of the nominal value of the share (i.e. 5 fils per share) as of Monday, 20 July 2020. This is as follows:
-Cash profits will be credited to the accounts of the eligible shareholders and those registered in the electronic transfer service for the distribution of profits, in their bank accounts with local banks or branches of foreign banks in the State of Kuwait
-The shareholders who are entitled to these distributions "not registered in the electronic transfer service" for the distribution of profits should review the banks to subscribe to this service or through the electronic banking service available to the customers so that they can receive these profits on the scheduled date.
-Other shareholders who are entitled to these distributions "who are not registered in the electronic transfer service" and are unable to register in this service, the Kuwait Clearing Company will distribute the cash dividends to them according to the rules and procedures in force with them.
It was noted that in the event of any inquiries or other clarifications in this regard, the shareholders who are entitled to cash dividends are kindly requested to review the Kuwait Clearing Company.