Riyadh Development Company Recommends 0.25 Riyal Dividend

ARDCO -0.32%

ARDCO

4150.SA

18.72

-0.32%

On March 3, 2026, Riyadh Development Company announced its board of directors' recommendation to distribute cash dividends of 0.25 riyals per share to shareholders for the second half of 2025. The total distribution amounts to 58,482,704.50 SAR across 233,930,818 eligible shares, representing 2.5% of the share par value. The dividend distribution aligns with the company's strategy to balance dividend payments with sustainable growth, with eligibility and distribution dates to be announced following the upcoming general assembly.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93408&anCat=1&cs=4150&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.