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Al-Majd Square plans 0.15 Riyals dividend for H1 2026
Al-Majd Trading Company announced its Board of Directors' decision to distribute cash dividends for the first half of 2026, with a total amount of 5.91 million Riyals. The dividend per share will be 0.15 Riyals, equivalent to 15% of the nominal value of the share. The distribution will begin on September 3, 2026. Shareholders who owned the shares by the close of trading on August 24, 2026, are entitled to the dividends. The amounts will be directly deposited into the bank accounts linked to the shareholders' investment portfolios. The tax rates on distributions for non-resident foreign investors vary, with a withholding tax of 5%.
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