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Al-Rashid Industry to pay 7.2M Riyals dividends
Al-Rashed Industrial Company announced that its Board of Directors decided on August 19, 2026, to distribute interim cash dividends totaling 7.2 million SAR for the first half of 2026 to its shareholders holding shares as of the record date on August 27. The dividends will be paid at a rate of 60 halalas per share, equivalent to 6% of the share's nominal value. The distribution will commence on September 13, 2026. The company also urged shareholders to update their banking information to ensure swift receipt of dividends, and noted that a withholding tax of 5% will be applied to dividends paid to non-resident investors in Saudi Arabia, in accordance with local tax regulations.
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