57 Days
Source:
الاقتصادية
Akwa adopts profit distribution program and recommends 352.6 million riyals dividend for 2025
Aqua, a company specializing in renewable energy and water desalination in Saudi Arabia, announced that its Board of Directors has approved a dividend distribution program for the period from 2026 to 2030. The program includes distributing a minimum of 30% of the annual net profits to shareholders. The program will be implemented starting from 2027 and will encompass distributions in the form of cash dividends and bonus shares, with a commitment that cash distributions will not be less than 50% of the total distributions. Additionally, the company recommended distributing 352.6 million Riyals as profits for the year 2025, equivalent to 0.46 Riyal per share, representing a payout ratio of 4.6% of the share's nominal value.
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