Dividend distribution policy
The Company’s dividends are distributed in accordance with Article 48 of the Company’s bylaws, which state the following:
- The Ordinary General Assembly, when determining the share of shares in net profits, may decide to form reserves to the extent that it achieves the Company’s interest or ensures the distribution of fixed profits – as far as possible – to shareholders. The said association also has the right to deduct amounts from net profits to achieve social purposes for Company employees.
- The General Assembly shall determine the percentage of net profits to be distributed to shareholders after deducting reserves, if any.
- The Company may distribute semi or quarterly interim dividends to its shareholders, and it may authorize the Board of Directors to assume this task.

Dividends declared and distributed by the Company:
Dividend Distribution (2020 – 2024)
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Net Profit of the Year (million) | 849 | 813 | 888 | 893 | 821 |
1st Dividends distribution Amount (million) | 200 | 800 | 300 | 325 | 325 |
2nd Dividends distribution Amount (million) | 460 | - | 390 | 390 | 390 |
Total Dividends distribution Amount (million) | 660 | 800 | 690 | 715 | 715 |
Dividend Per Share “1st Dividends distribution” (SAR per share) | 1.54 | 6.15 | 2.31 | 2.5 | 2.50 |
Dividend Per Share “2nd Dividends distribution” (SAR per share) | 3.54 | 0.00 | 3.00 | 3.00 | 3.00 |
Dividend Per Share “Total Dividends distribution” (SAR per share) | 5.08 | 6.15 | 5.31 | 5.35 | 5.50 |
Earnings Per Share “EPS” (SAR per share) | 6.53 | 6.25 | 6.81 | 6.87 | 6.31 |
Dividend Payout Percentage (% of Net Profit) | 78% | 98% | 78% | 80% | 87% |
Source: The Company.
The Entitlement to Dividends
A shareholder shall be entitled to its share of dividends in accordance with the resolution issued by the General Assembly in such regard. The resolution shall indicate the date of entitlement and the date of distribution. The entitlement to dividends shall be for the owners of shares registered in the shareholders’ records at the end of the day specified for entitlement.
Unclaimed Dividends
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