Riyadh – Mubasher: The board of Saudi Aramco Base Oil Company (Luberef) has approved a cash dividend distribution totaling SAR 673.06 million for the first half (H1) of 2026.
The decision, reached during a board meeting on 30 July 2026, allocates a payout of SAR 4 per share, according to a bourse disclosure.
The distribution will apply to 168.26 million eligible shares, representing a dividend ratio of 40% of the nominal share value. The eligibility date for shareholders is set for 1 October 2026 with the subsequent payment scheduled for 15.
Luberef advised shareholders to ensure their bank account details are correctly linked to their investment portfolios to facilitate the transfer process.
The company also noted that distributions to non-resident investors will be subject to a 5% withholding tax in accordance with Saudi tax regulations.
Shareholders with tax exemptions are requested to provide supporting documentation to the company's investor relations department.
At the end of June 2026, the group’s net profits climbed by 112.57% year-on-year (YoY) to SAR 992.07 million.
