Riyadh — Mubasher: The board members of Lamasat Company approved to distribute SAR 8.10 million in cash dividends to shareholders for the first half (H1) of the 2026 fiscal year, according to a bourse filing.
The payout will be allocated across 81 million outstanding shares, resulting in a dividend of SAR 0.10 per share.
Meanwhile, this distribution represents 10% of the share's nominal value.
Upon the decision reached on 11 August 2026, eligibility for the dividend is set for shareholders owning stock at the close of trading on 25 August 2026, and who are registered in the company’s share registry at the Securities Depository Center by the end of the second trading day following the eligibility date.
Lamasat Company, meanwhile, scheduled the payment date for 6 September 2026.
Distributions to non-resident foreign investors will be subject to a 5% withholding tax in accordance with local income tax regulations. Shareholders are advised to update their bank information to ensure the direct deposit of funds.
In H1-26, Lamasat Company achieved a net profit of SAR 18.68 million and revenue worth SAR 77.16 million.
