| Element List | Explanation |
|---|---|
| Introduction | Al Majed Oud Company is pleased to announce the Board of Directors recommendation to the General Assembly to distribute cash dividends for the fiscal year 2025 in its meeting held on March 23, 2026, |
| Date of the board’s recommendation | 2026-03-23 Corresponding to 1447-10-04 |
| The Total amount distributed | 100 million Riyals |
| Number of Shares Eligible for Dividends | 25 million shares |
| Dividend per share | 4.00 Riyals per share |
| Percentage of Dividend to the Share Par Value (%) | 40 |
| Eligibility date | The entitlement date for dividends will be for shareholders of the company who own shares on the day of the company's general assembly meeting and are registered in the company's shareholder register at the Securities Depository Center at the end of the second trading day following the date of the company's general assembly meeting, the date of which will be determined later. |
| Distribution Date | The dividend payment date will be determined later. |
| 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 inform its shareholders that cash dividends will be distributed through the Securities Depository Center Company "Edaa", which will transfer the dividends to their investment accounts. Therefore, shareholders are required to ensure their bank details is updated to guarantee the seamless deposit of the dividends into their accounts. We would also like to inform our non-resident foreign shareholders that cash dividends transferred through a resident financial broker will be subject to a 5% withholding tax upon transfer or crediting to their bank account, in accordance with Article (68) of the Saudi Arabia Income Tax Law and Article (63) of its Implementing Regulations. We welcome your inquiries and comments. Please contact our Investor Relations Department through the following channels: Phone: +966550167152 Email: IR@almajed4oud.com |