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Raed Cement Plans 96M Dividend for H1 2026
Al-Yamamah Cement Company announced the distribution of cash dividends amounting to 96 million riyals for the first half of 2026. These dividends will be distributed across 120 million shares, with a dividend of 0.80 riyals per share, which represents 8% of its nominal value. The entitlement to these dividends will be for shareholders owning shares as of September 13, 2026, and the payments will commence starting September 28, 2026. The company emphasized the importance of shareholders updating their bank account information to ensure accurate dividend deposits. Additionally, it noted that dividends for non-resident foreign investors are subject to a withholding tax of 5% upon transfer.
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