Edaa provides a dividends distribution service (“Paying Agent”) for issuers listed on the Saudi Exchange. Through this service, the issuer authorizes Edaa to distribute cash dividends to its shareholders through Tadawulaty.
Ensuring confidentiality of shareholder registry information and dividends information.
Standardized procedures related to dividend distribution.
Calculation of non-resident shareholders tax, including deduction from net distributions.
Handling the entire distribution process for issuers and provide accurate online reports via Tadawulaty.
Flexibility and speed of distribution to shareholders.
Overall cost reduction.
Day 1: Cash dividends are deposited into Edaa's bank account
Day 2: Edaa deposits the total dividends into the Custodian Members' accounts
Day 3: Custodians distribute the dividends to investors' investment accounts
Investors registered in Tadawulaty will be notified of payments via SMS
No, this service is optional.
Yes, this service includes all payment distribution for all listed securities in the Saudi Capital Market
The investor will be notified through SMS, if the investor is registered in Tadawulaty.
It is the responsibility of the Authorized Person (AP) to distribute dividends to the clients’ bank accounts.
For more information, please contact our relationship team via email at IR@edaa.sa
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