SAL approves SAR 2/shr dividend for Q3-26

SAL
4263 4.16% 160.10 6.40

Riyadh — Mubasher: SAL Saudi Logistics Services Company’s board of directors has approved a cash dividend distribution totaling SAR 173.60 million for the third quarter (Q3) of 2026.

The board reached the decision during a meeting held on 2 November. The logistics provider will pay a dividend of SAR 2.17 per share, representing 21.70% of the nominal share value.

The distribution applies to 80 million eligible shares. Eligibility for the payout is set for shareholders owning stock at the close of trading on 9 November, as registered with the Securities Depository Center Company (Edaa) by the end of the second following trading day.

The company scheduled the payment date for 24 November. Funds will be deposited automatically into investment accounts linked to shareholder portfolios.

SAL noted that distributions to non-resident foreign investors will be subject to a 5% withholding tax in accordance with Saudi tax regulations.

The company advised investors with tax exemptions to contact its investor relations department to provide supporting documentation.

In Q3-26, the Saudi group recorded a net profit of SAR 231.92 million, up 28.21% from SAR 180.89 million in Q3-25.

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