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Al-Seif Gallery to distribute 10.5M riyals in profits
Al-Saif Stores for Development and Investment ("Al-Saif Gallery") announced its decision to distribute cash dividends totaling 10.5 million SAR to shareholders for the first half of 2026, at a rate of 0.03 SAR per share, equivalent to 3% of the share's nominal value. The dividend distribution will commence on October 22, 2026, with shareholders whose ownership ends on October 13, 2026, eligible to receive the dividends. It is required to update banking information to ensure smooth deposit transfer. Additionally, it is clarified that dividends paid to non-resident investors are subject to a withholding tax of 5%.
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