Riyadh – Mubasher: Axelerated Solutions for Information and Communication Technology Company has officially announced the dates and procedural details for the distribution of cash dividends pertaining to the second half (H2) of 2025.
Following a prior declaration of the dividend amount, the company confirmed that it will distribute a total of SAR 11.20 million to its registered shareholders.
This payout corresponds to a dividend of SAR 0.40 per share, marking a significant milestone in the company’s 2025 financial calendar.
The Riyadh-based technology firm, listed on the Saudi Exchange under the ticker 9637, has scheduled the commencement of the dividend disbursement for Wednesday, 17 June.
This distribution follows the completion of the company’s financial reporting for H2-25 and the subsequent approval processes required by corporate governance standards.
The eligibility for these dividends is determined by share ownership at the conclusion of the trading session on the day of the company’s Ordinary General Assembly. This assembly is slated to take place on 3 June. Shareholders who maintain ownership of the company’s stock at the close of trading on that date will be entitled to the dividend.
Furthermore, the final list of eligible recipients will be finalized based on the records of the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date, adhering to the standard T+2 settlement cycle prevalent in the Saudi capital market.
Axelerated Solutions has appointed Bank AlJazira to manage the distribution process. The dividends will be transferred via direct deposit into the bank accounts linked to the shareholders' investment portfolios.
This mechanism is designed to facilitate the efficient transfer of funds to all local bank accounts, ensuring that investors receive their entitlements without the need for manual collection.
The company emphasized that the direct deposit system is the primary method for disbursement, and shareholders should ensure their banking information is correctly updated with their respective brokerage firms.
