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Al-Matahin Al-Oula shareholders approve 1.79 riyal dividend
The Ordinary General Assembly of Al-Mutahinah Mills Company approved the distribution of cash dividends amounting to 99.34 million SAR for the first half of 2026, at a rate of 1.79 SAR per share, which is 17.9% of the nominal value. Dividends are set to start being paid on September 16, 2026. The assembly also approved rotating the Chairmen of the Board for the election of a new board for a four-year term, electing new members, and granting the board the authority to distribute semi-annual profits throughout the year. Additionally, there was a focus on updating shareholders' banking information and ensuring compliance with taxes on foreign investors.
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