Al Mohafaza for Education’s board proposes dividends for FY25/26

ALMOHAFAZA FOR EDUCATION
9598 -6.04% 22.55 -1.45

Riyadh — Mubasher: The board members of Al Mohafaza Company for Education have recommended a total cash dividend distribution of SAR 4.80 million to shareholders for the fiscal year that ended on 31 July 2026, according to a bourse filing.

Under the recommendation, shareholders will receive SAR 0.60 per share, representing 6% of the nominal share value.

Eligibility for the payout will be determined by the ownership of shares at the close of trading on the day of the upcoming General Assembly meeting.

Qualifying shareholders must be registered with the Securities Depository Center Company (Edaa) by the end of the second trading day following the assembly date.

The proposal was issued during the board meeting held on 25 October 2026, covering a total of 8 million eligible shares.

The company stated that the specific date for the General Assembly and the subsequent dividend payment will be announced at a later time.

Al Mohafaza for Education also reminded non-resident foreign investors that cash distributions are subject to a 5% withholding tax in accordance with local tax regulations.

Shareholders have been advised to update their bank account details to ensure the timely receipt of funds.

Meanwhile, Al Mohafaza for Education disclosed a 24.92% annual growth in net profit for FY25/26.

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