What was the attendance rate at the general assembly?

The attendance rate was 81.8% of shareholders.

Al Babtain Food Approves SAR 1.7M Cash Dividend Distribution

Q: Was the Board authorized to distribute interim dividends?

Yes, the Board was authorized to distribute interim dividends on a semi-annual or quarterly basis for fiscal year 2026.

Abdulaziz and Mansour Ibrahim Albabtin Co. (Al Babtain Food Company) announced that its Ordinary General Assembly approved a cash dividend distribution of SAR 1.7 million, or SAR 0.5 per share (5% of capital), payable on July 14, 2026. The meeting also approved the appointment of auditors and board bonuses.

June 28, 2026

2 min read

Source: Saudi Exchange via Sahm Platform

Key Numbers

dividend total

SAR 1,700,000

dividend per share

SAR 0.5

dividend yield

attendance

81.8%

auditor fee

SAR 285,000

board bonus

SAR 300,000

Abdulaziz and Mansour Ibrahim Albabtin Co. (Al Babtain Food Company) – listed on the Saudi Exchange under ticker 9549 – announced the results of its Ordinary General Assembly meeting held on June 25, 2026 via modern technology from its Riyadh headquarters, with 81.8% shareholder attendance.

Key Resolutions

The assembly approved a cash dividend distribution to shareholders for fiscal year 2025 totaling SAR 1,700,000, at SAR 0.5 per share, representing 5% of share capital. Dividends will be paid on July 14, 2026.

Additionally, shareholders approved the appointment of Maham Professional Consulting Company as auditor for fiscal year 2025 with fees of SAR 285,000. They also approved SAR 300,000 in bonuses for Board of Directors members for fiscal year 2025.

Board Authorization

The assembly authorized the Board to distribute interim dividends on a semi-annual or quarterly basis for fiscal year 2026, granting the Board greater flexibility in dividend policy.

Context

The resolutions reflect the company's commitment to enhancing shareholder returns and governance transparency. Al Babtain operates in the consumer defensive sector and aims for sustainable growth.

Frequently Asked Questions

The total cash dividend is SAR 1.7 million, at SAR 0.5 per share.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.