Riyadh - Mubasher: The board members of Al Majed for Oud Company proposed cash dividends worth SAR 100 million, equivalent to 40% of its SAR 250 million capital, for 2025.
The Saudi company will pay out a dividend of SAR 4 per share for 25 million eligible shares, according to a bourse filing.
Meanwhile, the eligibility and distribution dates will be announced later.
In October 2025, the board of Al Majed for Oud greenlighted the establishment of a branch in the Abu Dhabi Global Market (ADGM) to strengthen the company's regional presence.
