Riyadh — Mubasher: Bena Steel Industries Company’s board of directors has approved the distribution of SAR 3.90 million in interim cash dividends to shareholders for the first half (H1) of 2026.
The total payout represents 6.50% of the nominal share value.
The company confirmed that the distribution will target 6 million eligible shares, resulting in a dividend of SAR 0.65 per share.
According to the regulatory filing, the eligibility date for these dividends is set for 13 September 2026 for shareholders registered at the Securities Depository Center by the end of the second trading day following the eligibility date.
The payment of the dividends is scheduled to commence on 27 September 2026.
In H1-26, the company recorded 772.54% year-on-year (YoY) higher profits at SAR 8.55 million when compared to SAR 980,653.
Bena Steel Industries noted that distributions to non-resident foreign investors will be subject to a 5% withholding tax in accordance with Saudi Arabian income tax regulations.
The company urged shareholders to update their banking information to ensure the direct deposit of funds into their accounts.
