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2026-09-03T06:44:04.354Z

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Al-Mudawa to Distribute 4.28M Riyals in Half-Year Profits

Al-Mudawa to Distribute 4.28M Riyals in Half-Year Profits

Al-Midawaa Medical Specialty Company has decided to distribute cash dividends of 4.275 million SAR for the first half of 2026, divided into three equal installments, each amounting to 1.425 million SAR. The dividend distribution includes 71.25 million shares, with a distribution rate of 0.02 SAR per share, equivalent to 2% of the share's nominal value. The first installment will be entitled on September 16, 2026, and paid on October 1; the second on October 18, with payments made in early November; and the third on November 16, with distribution in early December 2026. The company also urged shareholders to update their banking information to ensure timely dividend payments, and informed that a withholding tax of 5% will be applied on foreign transfers to foreign shareholders.

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