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Yansab board approves 562.5M Riyals dividends

Yansab board approves 562.5M Riyals dividends

Yansab, the National Petrochemical Company of Yanbu, has decided to distribute cash dividends for the first half of 2026, totaling 562.5 million SAR, at a rate of 1 SAR per share (equivalent to 10% of the nominal value of the share). The distribution includes 562.5 million shares, which will be eligible to shareholders at the end of trading on September 6, 2026, with dividends paid via direct deposit starting from September 28, 2026. Non-resident investors in the Kingdom are subject to a withholding tax of 5%, and beneficiaries are required to notify the company within five days of the entitlement date to submit the necessary documents to ensure tax compliance.

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