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Modern Mills Food Products Company announced the distribution of cash dividends amounting to 81.01 million Riyals for the first half of 2026, equivalent to 1 Riyal per share, representing 100% of the nominal value. The dividend payout will commence on August 25, 2026, with shareholders entitled to receive dividends by the close of trading on August 6, 2026. The distribution includes shareholders holding shares as of the mentioned date and recorded in the company's registers, with a 5% withholding tax applied to non-resident shareholders. The company has also invited shareholders to update their banking information to ensure the proper transfer of dividends.
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