Riyadh – Mubasher: The board of United International Transportation Company (Budget Saudi) approved the distribution of SAR 52.11 million in interim cash dividends to shareholders for the first half (H1) of 2026.
The board reached the decision during its meeting held on 6 August 2026.
The total payout will be distributed across 104.22 million eligible shares, resulting in a dividend of SAR 0.50 per share. This distribution represents 5% of the nominal share value.
According to the company disclosure, the eligibility date for shareholders to receive these dividends is 13 August 2026.
The company has scheduled the actual payment of the funds to commence on 1 September 2026. The move reflects the car rental and transportation firm's commitment to returning capital to its investors following its performance during the first six months of the year.
As of 30 June 2026, Budget Saudi’s net profits fell by 24.08% year-on-year (YoY) to SAR 127.84 million from SAR 168.39 million.
