Al-Babtain Power Announces Q1 2026 Cash Dividend of 0.5 Riyal Per Share

Al-Babtain Power and Telecommunication Co. (2320) announced a Q1 2026 cash dividend of 0.5 Saudi Riyal per share, equivalent to 5% of the share's book value. Shareholders of record on June 9, 2026, registered with Edaa, are eligible. Disbursement begins June 23, 2026 through Arab National Bank.

Details

The company announced via the Sahm platform a cash dividend for the first quarter of fiscal year 2026. The dividend is 0.5 SAR per share, representing 5% of the book value. Distribution will start on Tuesday, June 23, 2026.

Eligibility

Shareholders who owned shares on the eligibility date of June 9, 2026 and were registered with the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date are entitled to receive dividends.

Payment Mechanism

The disbursement will be processed through Arab National Bank and deposited directly into shareholders' accounts linked to their investment portfolios with local banks.

Context

This announcement is part of the company's regular dividend policy, aimed at rewarding shareholders and providing consistent returns. No additional details were provided regarding future dividends or company performance.

What This Means for Investors

The dividend declaration signals stable cash flows and commitment to shareholder returns. However, investors should review quarterly financial reports for a comprehensive performance assessment.