Pipes General Assembly approves 34M Riyal dividends for 2025

The Ordinary General Assembly of the Arab Pipes Company (Anabeeb) approved the distribution of cash dividends amounting to 34 million riyals for the year 2025, at a rate of 0.17 riyals per share, which represents 17% of the nominal value of the share. The dividends are scheduled to start being paid on July 12, 2026. Additionally, the assembly approved interim dividends for 2026, to be paid semi-annually or quarterly, and decided to allocate rewards to the Board members totaling 1.6 million riyals. The meeting was held with a quorum representing 21.21%.

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