Touches to pay 8.1M riyals dividends
Al Lamassat Company announced that its Board of Directors has decided to distribute cash dividends totaling 8.1 million SAR for the first half of 2026, at a rate of 0.10 SAR per share out of a total of 81 million shares, which is equivalent to 10% of the par value of the share. The dividend distribution will commence on September 6, 2026, and shareholders who own shares as of August 25, 2026, will be eligible to receive the dividends. The company urges shareholders to update their bank account information to ensure direct deposit of the dividends, noting that dividends transferred to foreign shareholders are subject to a withholding tax of 5%.
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