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2026-08-02T06:43:00.180Z

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Lubreef to pay 673 mln riyals dividends

Lubreef to pay 673 mln riyals dividends

Saudi Aramco Base Oil "Luberef" has decided to distribute cash dividends of 673.06 million riyals for the first half of 2026, at a rate of 4 riyals per share, which represents 40% of the stock's nominal value. The dividends will be payable to shareholders who own shares at the close of trading on October 1, 2026, and will be disbursed starting October 15, 2026. Non-resident investors' dividends are subject to a 5% withholding tax. Emphasis is placed on the importance of updating banking information to ensure timely payment of dividends.

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