Riyadh — Mubasher: The board of Munawla Cargo Company approved a cash dividend distribution of SAR 2.10 million for the first half (H1) of the 2026 fiscal year.
The payout represents 70% of the share's nominal value, according to a filing on the Saudi Exchange.
The distribution will be allocated across 3 million eligible shares at a rate of SAR 0.70 per share.
Shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day following the eligibility date of 3 September 2026 are entitled to the payout.
Munawla Cargo confirmed that dividend payments are scheduled to commence on 16 September 2026 via electronic transfer to accounts linked to shareholder investment portfolios.
The company further noted that distributions to non-resident foreign investors will be subject to a 5% withholding tax in accordance with Saudi income tax regulations.
Shareholders are encouraged to update their banking data to ensure the timely receipt of funds.
In H1-26, Munawla Cargo registered SAR 2.39 million worth of net profits while its revenue hit SAR 24.58 million.
