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Riyadh Cement to pay 96M dividends
Al Riyad Cement Company announced its Board of Directors' decision to distribute cash dividends of 96 million riyals for the first half of 2026. The dividends will be distributed across 120 million shares, with each share receiving 0.80 riyals, representing 8% of its nominal value. Shareholders registered as of September 13, 2026, will be entitled to receive the dividends, which are expected to be paid on September 28, 2026. The company also emphasized the importance of updating shareholders' banking details to ensure the dividends are credited. Additionally, it clarified that dividends paid to non-resident foreign investors are subject to a 5% withholding tax upon transfer or account credit.
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