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Construction Station plans 12M riyals profit share
Manazel Marketing Group Company "Building Station" has decided to distribute cash dividends of 12 million riyals for the second quarter of 2026, at a rate of 0.75 riyals per share to 16 million shares, which equals 7.5% of the share's nominal value. The dividends will be paid starting October 19, 2026, via direct transfer to the bank accounts associated with the updated shareholders, with a requirement to update banking information to ensure timely deposits. Additionally, dividends for non-resident foreign investors are subject to a 5% withholding tax according to Saudi regulations.
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