Riyadh – Mubasher: Alandalus Property Company’s board of directors has decided not to distribute cash dividends to shareholders for the first half (H1) of 2026.
The decision, reached during a meeting held on 5 October, marks a strategic shift in the company’s capital allocation for the period.
The real estate firm stated that the recommendation to withhold the dividend is intended to support and strengthen its financial position.
By retaining these funds, the company aims to finance new projects that align with its long-term growth strategy.
The move follows the company's internal assessment of its capital requirements for upcoming developments.
Alandalus Property indicated that prioritizing reinvestment over immediate payouts will provide the necessary liquidity to execute its strategic objectives and enhance its portfolio of assets.
No further details regarding specific project timelines or future distribution schedules were provided in the regulatory filing.
In the first half (H1) of 2026, the listed company turned profitable at SAR 12.31 million, compared to a net loss of SAR 10.97 million during the same period in 2025.
