CGS to disburse nearly SAR 23.5m cash dividends for FY26/27

Riyadh - Mubasher: The shareholders of Consolidated Grünenfelder Saady Holding Company (CGS) approved a cash dividend distribution of SAR 23.30 million for the fiscal year (FY) that ended on 31 March 2026.

The decision, reached during an ordinary general meeting held on 16 September 2026, sets the payout at SAR 0.23 per share, representing 23.30% of the nominal share value.

The meeting, which recorded a shareholder attendance rate of 72.47458%, also resulted in the approval of SAR 1.50 million in remuneration for board members for the same fiscal period.

The dividend proposal received 99.26464% support from attending voters, while the board remuneration was approved with 98.13801% in favor.

Eligibility for the dividend distribution is established as of the meeting date, 16 September.

The company confirmed that the actual payment to shareholders will be processed within 15 business days following the eligibility date.

During the session, shareholders also reviewed and discussed the board of directors' report and the consolidated financial statements that ended on 31 March 2026.

The external auditor's report for the same period was approved with a 98.91114% majority.

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