Hadid Riyadh to pay 3.5M Riyals dividends
Al Riyadh Steel Company has decided to distribute cash dividends totaling 3.5 million riyals for the first half of 2026, at a rate of 0.05 riyals per share, which is equivalent to 5% of the nominal value of the share. The payout process will commence on October 7, 2026, after shareholders complete the registration process before September 17, 2026, and update their banking information. A withholding tax of 5% will be applied to cash dividends for non-resident foreign shareholders in accordance with the Saudi Income Tax Law.
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