Riyadh - Mubasher: The board of Sumou Real Estate Company has approved a cash dividend distribution of SAR 25 million for the first half (H1) of 2026.
The payout, which was decided during a board meeting held on 30 July, targets 50 million eligible shares.
Shareholders will receive a dividend of SAR 0.50 per share, representing 5% of the nominal share value.
The company confirmed that eligibility for the distribution is set for 15 September 2026, for shareholders registered at the Depository Center by the end of the second trading day following the eligibility date.
According to the regulatory filing, the dividend payment process is scheduled to commence on 29 September.
Sumou Real Estate noted that in the event of a deposit failure, shareholders may visit any branch of Banque Saudi Fransi to receive their dividends in cash upon presenting a national identity card, or by contacting the bank's toll-free number at 920000576.
The group’s net profits climbed by 12.87% year-on-year (YoY) to SAR 67.10 million in H1-26 from SAR 59.44 million during the same period in 2025.
