Dr. Sulaiman Al Habib Declares SAR 1.33 Q2 Cash Dividend
Dr. Sulaiman Al Habib Medical Services Group (4013) declared a cash dividend of SAR 1.33 per share for Q2 2026, totaling SAR 465.5 million. The record date is July 30, 2026, and payment will be on August 17, 2026.
Key Numbers
Dr. Sulaiman Al Habib Medical Services Group (Tadawul: 4013) announced on July 26, 2026 that its Board of Directors resolved on July 25, 2026 to distribute cash dividends to shareholders for the second quarter of fiscal year 2026. The total distribution amounts to SAR 465.50 million, covering 350 million eligible shares at SAR 1.33 per share, representing 13.3% of the share par value.
Dividend Details
| Item | Value |
|---|---|
| Total Dividend | SAR 465.50 million |
| Eligible Shares | 350 million |
| Dividend Per Share | SAR 1.33 |
| Dividend Yield (of Par) | 13.3% |
| Record Date | July 30, 2026 |
| Payment Date | August 17, 2026 |
Key Highlights
The company stated that dividends will be paid to shareholders who own shares on the record date (July 30, 2026) and are registered in the shareholder register at the Securities Depository Center at the end of trading that day. Non-resident investors are reminded that cash dividends are subject to a 5% withholding tax in accordance with Saudi income tax regulations.
Future Guidance
No future dividend guidance was provided.
Impact on the Stock
The announcement is likely viewed positively by investors as it demonstrates the company's consistent dividend policy and stable cash flows.
What This Means for Investors
The dividend declaration reinforces the company's commitment to returning value to shareholders. However, investors should consider their own risk tolerance and investment objectives before making decisions.
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