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Khaled Dhafer and Brothers Logistics Services Co. (KDL Logistics) announced that its Extraordinary General Meeting (EGM) approved a cash dividend of 1.7% of its capital, equivalent to SAR 0.17 per share, for 2025. The total dividend amounts to SAR 591,150, with a record date set for June 17, 2026, and payments to be made within 15 business days thereafter. Shareholders also authorized the board to distribute interim dividends on a quarterly or semi-annual basis in 2026. Additionally, the company adopted a dividend policy allocating 30% of annual net profits for distribution starting in 2026, with the remaining profits retained for growth and operational needs.
This dividend announcement signals financial stability and a commitment to shareholder returns, which could bolster investor confidence in the Saudi equity market. For traders, the structured dividend policy and interim distributions may attract income-focused investors, potentially influencing KDL Logistics' stock liquidity and price performance. The 30% profit allocation for dividends also indicates a balance between rewarding shareholders and reinvesting in the company’s expansion.
For MENA investors, the decision reflects KDL Logistics' strong cash flow management and alignment with Tadawul’s emphasis on corporate governance. Traders should monitor the stock’s ex-dividend date and any subsequent price adjustments, as well as the company’s quarterly financial reports to assess the sustainability of its dividend policy.
