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Lojam for Sports to pay 38.2M riyal dividends
Lusail Sports Company announced a pro-rata cash dividend distribution of 38.25 million SAR for the second quarter of 2026, equivalent to 0.77 SAR per share, representing 7.7% of the share's nominal value. The number of shares eligible for dividends has been set at approximately 49.67 million shares after excluding treasury shares, with the record date being the close of trading on July 30, 2026. The dividends will be paid starting August 10, 2026, through the Securities Depository Center Company. Shareholders are required to update their bank account information. Distributions to foreign investors are subject to a withholding tax of 5%. This initiative aligns with the company's policy of distributing profits to its shareholders, in accordance with its financial performance during the period.
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