Arashed for Industry to distribute 7.2M riyals profit

Al Rashid Manufacturing Company has announced its Board of Directors' decision to distribute an interim cash dividend for the first half of 2026, totaling 7.2 million Riyals, at a rate of 60 halalas per share, which is equivalent to 6% of the nominal value of the share. The dividend distribution will commence on September 13, 2026, after being due to shareholders registered at the end of trading on August 27, 2026. Shareholders are requested to update their bank details to ensure the dividends are received directly. The company also indicated that dividends for non-resident investors are subject to a 5% withholding tax in accordance with the Saudi tax regulations.

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