The board of Sahat Almajd Trading Co., listed on Saudi Exchange (Nomu) under symbol 9650, has approved a cash dividend equal to 15% of share capital for the first half of the 2026 fiscal year, the company disclosed through Saudi Exchange announcements.
The dividend amounts to SAR 0.15 per share — 15% of the SAR 1 nominal value — with total distributions reaching about SAR 5.91 million across roughly 39.38 million eligible shares.
Eligibility applies to shareholders who own shares at the close of trading on Monday 24 August 2026 and are registered in the shareholder register at the Securities Depository Center (Edaa) by the end of the second trading day after the entitlement date. Payment is scheduled to begin on Thursday 3 September 2026, with amounts deposited directly into the bank accounts linked to eligible investors' portfolios.
How shareholders receive the dividend
Distributions are processed through Edaa as the payment agent, via transfers to shareholders' bank accounts. There is no need to use Absher, Muqeem, Qiwa, Najiz, Nafath, or Tawakkalna to collect the dividend. Shareholders only need an active investment portfolio with a Saudi-registered broker and an up-to-date linked IBAN bank account.
To receive the payment, investors should hold Sahat Almajd shares at the close of trading on 24 August 2026, confirm their portfolio is registered with Edaa with a valid IBAN linked, and after 3 September 2026 verify that SAR 0.15 If a deposit fails, shareholders should contact Edaa or the company's investor relations team.
Sahat Almajd Trading Co. is headquartered on Takhasusi Street, Al Maathar Al Shamali District, Riyadh 12312. The company can be reached at 0114548701 or by email at hr@sahatalmajd.com.
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