Riyadh Cables Approves SR337.4M Interim Dividend

Riyadh Cables Group Co.'s board has approved an interim cash dividend for the first half of 2026, totaling SAR 337.4 million at SAR 2.25 The payout represents 22.5% of the share par value and covers about 149.95 million eligible shares, reflecting free-float shares excluding treasury shares.

The record date for shareholder eligibility is 21 September 2026, with shareholders registered with the Securities Depository Center (Edaa) by the close of the second trading day after the record date entitled to the dividend. The ex-dividend date is also 21 September 2026, and payment is scheduled for 5 October 2026.

The dividend will be transferred directly to shareholders' registered bank accounts through Edaa. No government e-portals are involved in receiving this specific dividend, so shareholders are advised to ensure their bank account (IBAN) details are correctly registered with their broker or Edaa. Incorrect or outdated account information could delay receipt until the details are updated.

The company's current capital stands at SAR 1.5 billion with 150 million issued shares, though the interim dividend is calculated on the eligible free-float share count rather than the full issued total.

Riyadh Cables has maintained a steady pattern of cash distributions in recent periods. Its H1 2025 interim dividend was SAR 299.435 million at SAR 2.00 distributed on 14 October 2025, while an H2 2025 dividend of around SAR 336.86 million at SAR 2.25 The new payout continues that trend for shareholders in the Kingdom.

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