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Hadid Riyadh to pay 3.5M Riyals dividends

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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