| Element List | Explanation |
|---|---|
| Introduction | Marketing Home Group for Trading announces that the Board of Directors has issued a resolution dated 03/06/2026 to distribute cash dividends to shareholders for the first quarter of fiscal year 2026 |
| Date of the board’s decision | 2026-06-03 Corresponding to 1447-12-17 |
| The Total amount distributed | SAR 36,000,000 |
| Number of Shares Eligible for Dividends | 16,000,000 shares |
| Dividend per share | SAR 2.25 |
| Percentage of Dividend to the Share Par Value (%) | 22.5 |
| Eligibility date | 2026-06-08 Corresponding to 1447-12-22 |
| Distribution Date | 2026-06-16 Corresponding to 1448-01-01 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
| Additional Information | Eligibility for dividends shall be for shareholders who own the Company's shares at the end of trading on Monday, 08 June 2026, and who are registered with the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date. The Company would like to inform its valued shareholders that dividend distribution will commence on Tuesday, 16 June 2026, through direct transfer to the bank accounts linked to the investment portfolios of eligible shareholders at all banks. Shareholders who encounter any issues with the deposit may contact the Company via email at ir@mhg-int.com or by phone at +966 11 495 7573 Ext. 622 . The Company would also like to draw the attention of non-resident foreign investors that cash dividends transferred through a resident financial intermediary are subject to a withholding tax of 5% upon transfer or crediting, in accordance with Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations. The Company urges its valued shareholders to update their information and ensure that their bank account numbers are linked to their investment portfolios to facilitate the timely deposit of dividends. For any inquiries, please contact Investor Relations via email: ir@mhg-int.com |
Marketing Home Group for Trading Announces the Board of Directors' Resolution to Distribute Cash Dividends to Shareholders for the First Quarter of Fiscal Year 2026
AI Summary
- Marketing Home Group for Trading (4194) will distribute SAR 36 million in cash dividends for the first quarter of fiscal year 2026, at a rate of SAR 2.25 per share (22.5% of par value).
- Eligibility is set for shareholders owning shares at the end of trading on June 8, 2026, who are registered with the Securities Depository Center Company (Edaa) at the end of the second trading day following that date.
- Dividend distribution is scheduled to commence on June 16, 2026, via direct transfer to bank accounts linked to investment portfolios.
- Non-resident foreign investors will be subject to a 5% withholding tax on the distributed dividends.
