Al-Majd Square to distribute 0.15 riyals per share
Al-Majd Trading Company announced its Board of Directors' decision to distribute cash dividends to its shareholders for the first half of 2026, totaling 5.91 million SAR. The dividend amount will be set at 0.15 SAR per share, equivalent to 15% of the share's nominal value, for more than 39.38 million eligible shares. The dividend distribution will begin on September 3, 2026, with payments directly deposited into shareholders' accounts, and a withholding tax of 5% will be applied to non-resident foreign investors. Shareholders who meet the conditions will be entitled to receive the dividends after the market closes on August 24, 2026.
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