Saleh Abdulaziz Al Rashed and Sons Co. announces the board of director’s recommendation to distribute cash dividends for the fiscal year 2025
| Element List | Explanation |
| Introduction | – |
| Date of the board’s recommendation | 2026-03-08 Corresponding to 1447-09-19 |
| The Total amount distributed | SAR 37.2 million |
| Number of Shares Eligible for Dividends | 18,600,000 shares |
| Dividend per share | SAR 2 Per Share |
| Percentage of Dividend to the Share Par Value (%) | 20 |
| Eligibility date | The eligibility of cash dividends will be to the shareholders who own the Company’s shares on the eligibility date and registered in the Company’s register at the Securities Depository Center Company (Edaa) by the end of the second trading day following the day of the Company’s General Assembly meeting (eligibility date), which will be announced at a later stage. |
| Distribution Date | Distribution date will be announced later. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | NA |
| Additional Information | It is worth noting that the proposed cash dividends represent approximately 41% of the Company’s net profit for the fiscal year 2025.
For non-resident investors, cash dividends that are transferred through the resident financial broker or when credited to his account are subject to a withholding tax of 5% in accordance with the provisions of Article (68) of the income tax law and Article (63) of its implementing regulations. The date of the General Assembly meeting will be determined after obtaining the required regulatory approvals, during which the shareholders will vote on the Board of Directors’ recommendation in this regard The Company urges its shareholders to promptly update their information and ensure that their bank account numbers are linked to their investment portfolios, so that cash dividends can be deposited into their bank accounts on the distribution date following the General Assembly’s approval. |