AlmunaJem Foods to pay 1 riyal/share dividend for 1H

Almunajem Foods Company SJSC (4162) has announced a cash dividend of 1.00 Saudi riyal per share for the first half of 2025, following a similar pattern of semi-annual dividend distributions in recent years. The ex-dividend date for this payout is set for June 17, 2025, with the dividend expected to be paid on June 30, 2025. This interim dividend represents a yield of approximately 4.47% based on the company’s stock price at the time of the last similar payout.

The company has maintained a consistent dividend policy, with both interim and final dividends being declared regularly. For instance, in the first half of 2024, the company paid an interim dividend of 1.25 riyal per share, and in the first half of 2023, it distributed 1.25 riyal per share. Shareholders are advised to ensure their information is up to date with the Securities Depository Center (Edaa) to facilitate timely receipt of the dividend.

Almunajem Foods has also previously authorized the board to distribute interim dividends on a semi-annual or quarterly basis, providing flexibility in its dividend strategy. The company’s commitment to regular dividend payments reflects its focus on shareholder returns and financial stability.