‎Mufeed board recommends no cash dividend for 2025

‎Mufeed board recommends no cash dividend for 2025 ‎Mufeed board recommends no cash dividend for 2025

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Mufeed’s board proposes no cash dividend for 2025

Mufeed Co.’s board recommended on Sunday that no cash dividend be paid to shareholders for 2025, according to a statement to Tadawul.

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The company said the decision is part of its medium-term financial strategy to strengthen its financial position and build sufficient liquidity reserves to support growth plans and operational sustainability, given the working capital requirements of the next phase.

The company added that it would continue to evaluate the possibility of future dividend distributions based on its financial performance, cash flows, and investment plans, in line with applicable regulations.

Mufeed said the recommendation will be submitted to the upcoming ordinary general assembly for approval, adding that the meeting date will be announced through official channels within the timeframes stipulated by Capital Market Authority regulations.

According to Argaam data, Mufeed’s net profit fell to SAR 26.5 million in 2025 from SAR 34.6 million a year earlier.

 

Mufeed’s board proposes no cash dividend for 2025

Mufeed Co.’s board recommended on Sunday that no cash dividend be paid to shareholders for 2025, according to a statement to Tadawul.

The company said the decision is part of its medium-term financial strategy to strengthen its financial position and build sufficient liquidity reserves to support growth plans and operational sustainability, given the working capital requirements of the next phase.

The company added that it would continue to evaluate the possibility of future dividend distributions based on its financial performance, cash flows, and investment plans, in line with applicable regulations.

Mufeed said the recommendation will be submitted to the upcoming ordinary general assembly for approval, adding that the meeting date will be announced through official channels within the timeframes stipulated by Capital Market Authority regulations.

According to Argaam data, Mufeed’s net profit fell to SAR 26.5 million in 2025 from SAR 34.6 million a year earlier.

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