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Alsaif Stores For Development And Investment Co. Announces The Board Of Director’S Decision To Distribute Cash Dividends For The First Half Of 2026
2026-10-08

Alsaif Stores For Development And Investment Co. Announces The Board Of Director’S Decision To Distribute Cash Dividends For The First Half Of 2026

Introduction: AlSaif Stores for Development and Investment Co. announces the board of director’s decision to distribute cash dividends for the first half of 2026

Date of the board’s decision: 2026-10-08 Corresponding to 1448-04-27

The Total amount distributed: 10,500,000 SAR

Number of Shares Eligible for Dividends: 350,000,000 Shares

Dividend per share: 0.03

Percentage of Dividend to the Share Par Value (%): 3

Eligibility date: 2026-10-13 Corresponding to 1448-05-02

Distribution Date: 2026-10-22 Corresponding to 1448-05-11

The name of other official authorities and the details of their non-refusal to the recommendation or decision: N/A

Additional Information: The company would like to draw the attention of non-resident shareholders that the dividends paid to them will be subject to a withholding tax of 5% upon transferring or crediting these dividends into their bank accounts, in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations.

Additionally, the Company urges all shareholders to ensure that their personal and banking information is up to date and that their bank account numbers are linked to their investment portfolios. This will help facilitate the timely deposit of future dividend payments.

Source: SE