Riyadh — Mubasher: Al Muneef Company for Trade, Industry, Agriculture and Contracting announced that its board of directors has approved a cash dividend distribution of SAR 6.84 million for the first half (H1) of the 2026 fiscal year.
The total payout will be distributed across 57 million eligible shares, resulting in a dividend of SAR 0.12 per share, according to a bourse filing.
The distribution represents 12% of the share nominal value.
Meanwhile, the eligibility date for shareholders is set for 15 September 2026 for those registered with the Securities Depository Center Company (Edaa) by the end of the second trading day following the eligibility date.
The company scheduled the payment of dividends to commence on 29 September 202 via electronic transfer to accounts linked to shareholders' investment portfolios.
Al Muneef noted that cash distributions to non-resident foreign investors will be subject to a 5% withholding tax in accordance with Saudi Arabian income tax regulations.
The board of directors issued the decision regarding the dividend payout on 30 August 2026 for H1-26, during which the company delivered an annual decline in net profit.