Article details
Sahat Almajd Trading Co. announced that its board of directors has approved a 15% cash dividend payout for the first half of 2026. According to an official regulatory filing on Tadawul, the total distribution amounts to SAR 5.91 million, which translates to SAR 0.15 per share based on a paid-up capital of SAR 39.38 million split into 39.38 million shares.
The distribution eligibility is set for shareholders holding stock at the end of trading on August 24, 2026, and registered with the Securities Depository Center (Edaa) by the end of the second trading day following the record date. Dividend payments are scheduled to be disbursed to eligible investors on September 3, 2026.
This dividend recommendation highlights the company's commitment to returning capital to shareholders within the Saudi Parallel Market (Nomu). Investors will be monitoring Sahat Almajd's ongoing operational cash flows and upcoming earnings reports to see if such payout levels can be sustained through subsequent financial periods.