Sulaiman Al Habib Board Approves Q1 Dividend of SAR 1.12/Share

Dr. Sulaiman Al Habib Medical Services Group said its board of directors approved a cash dividend of SAR 1.12 per share for the first quarter of fiscal year 2025, amounting to a total payout of SAR 392 million.

The dividend represents 11.2% of the nominal share value and will be distributed to holders of 350 million eligible shares, the company said in a statement.

The company also noted that non-resident investors will be subject to a 5% withholding tax on the dividend, in line with Article 68 of the Income Tax Law and Article 63 of its Executive Regulations.