| Element List | Explanation |
|---|---|
| Introduction | Al Moammar Information Systems Company (MIS) announces the Board of Directors’ resolution to distribute interim cash dividends to shareholders for the First quarter of the fiscal year 2026. |
| Date of the board’s decision | 2026-07-30 Corresponding to 1448-02-16 |
| The Total amount distributed | 30,000,000 SAR |
| Number of Shares Eligible for Dividends | 30,000,000 Shares |
| Dividend per share | 1 SAR |
| Percentage of Dividend to the Share Par Value (%) | 10 |
| Eligibility date | 2026-08-03 Corresponding to 1448-02-20 |
| Distribution Date | 2026-08-12 Corresponding to 1448-02-29 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | N/A |
| Additional Information | We would like to draw the attention of our valued investors to the following: The dividend distribution will, God willing, be processed through Banque Saudi Fransi via direct transfer to the bank accounts linked to shareholders’ investment portfolios. MIS kindly urges all shareholders to ensure that their banking information is updated with their respective banks to facilitate the timely deposit of future dividend entitlements directly into their accounts. We would also like to draw the attention of non-resident investors that cash dividends transferred through the resident financial intermediary are subject, upon transfer or credit to its account, to a withholding tax of 5%, in accordance with Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations. Non-resident investors who have obtained dividend tax exemption certificates issued by the Zakat, Tax and Customs Authority (ZATCA) are requested to contact the Investor Relations Department via email within seven (7) days from the eligibility date and provide the supporting documents evidencing such tax exemption. For any inquiries, please contact the Company's Investor Relations Department at: IR@mis.com.sa |
Al Moammar Information Systems Company (MIS) announces the Board of Directors’ resolution to distribute interim cash dividends to shareholders for the First quarter of the fiscal year 2026.
AI Summary
- Al Moammar Information Systems Company (MIS) Board of Directors approved a SAR 30 million interim cash dividend distribution for the first quarter of fiscal year 2026.
- The distribution is set at SAR 1 per share, representing 10% of the share par value, for 30 million eligible shares.
- The eligibility date for shareholders is August 3, 2026, with the payment distribution scheduled to begin on August 12, 2026.
- Dividends will be processed through Banque Saudi Fransi, with a 5% withholding tax applicable to non-resident investors.
