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Al Nahdi Approves 338M Riyals Dividends
Al Nahdi Medical Company announced its Board of Directors' decision to distribute cash dividends amounting to 338 million Riyals for the first half of 2026, to its shareholders. The distribution will be 2.60 Riyals per share, representing 26% of the par value of the share. The eligibility date has been set for August 13, 2026, and the dividend distribution will commence on August 26, 2026, through automatic deposits into shareholders' accounts. The announcement also indicated that these dividends are subject to a 5% withholding tax for non-resident foreign investors. Shareholders are encouraged to update their account information to ensure they receive their dividends correctly.
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