Al Hammadi Holding Co.’sboard approved a four-year dividend policy starting in the third quarter of 2025, committing to pay out at least 60% of quarterly net profit over the period.
In a statement to Tadawul, the company said the policy aims to maintain a minimum quarterly dividend per share.
It added that the policy remains subject to change in the event of material shifts in company strategy or business conditions, changes in laws and regulations, or restrictions related to banking and funding arrangements or credit rating requirements.
The policy is also subject to approval at the next general assembly, the company said.
Al Hammadi Holding Co.’sboard approved a four-year dividend policy starting in the third quarter of 2025, committing to pay out at least 60% of quarterly net profit over the period.
In a statement to Tadawul, the company said the policy aims to maintain a minimum quarterly dividend per share.
It added that the policy remains subject to change in the event of material shifts in company strategy or business conditions, changes in laws and regulations, or restrictions related to banking and funding arrangements or credit rating requirements.
The policy is also subject to approval at the next general assembly, the company said.
