Al Dawaa Medical Services’ board ratifies SAR 53.5m dividends for Q2-26

ALDAWAA
4163 2.09% 38.18 0.78

Riyadh — Mubasher: Al Dawaa Medical Services Company announced that its board of directors has approved a cash dividend distribution of SAR 53.55 million for the second quarter (Q2) of 2026, according to a bourse disclosure.

The company confirmed that the payout will be distributed across 85 million eligible shares, resulting in a dividend of SAR 0.63 per share.

This distribution represents 6.30% of the share's nominal value, similar to the dividend disbursement announced earlier for Q1-26.

Meanwhile, the eligibility for the dividend is set for shareholders owning stock at the close of trading on 10 November 2026, and who are registered in the company’s share registry at the Securities Depository Center Company by the end of the second trading day following the eligibility date.

Al Dawaa Medical Services added that the Q2-26 dividend payment process is scheduled to commence on 25 November.

The company reminded non-resident investors that these dividends are subject to a 5% withholding tax upon transfer or deposit into bank accounts, in accordance with Saudi Arabian income tax regulations. It further urged shareholders to ensure their bank account details are correctly linked to their investment portfolios to facilitate the distribution process.

Source: Mubasher Source: {{details.article.source}}