Derayah shareholders OK 3-yr dividend policy

24/06/2025 Argaam
Logo ofDerayah Financial Co.

Logo of Derayah Financial Co.

Derayah Financial Co.’s shareholders approved the dividend distribution policy for the next three years, during the extraordinary general meeting (EGM) held on June 23, according to a statement to Tadawul.

 

Under the distribution policy, Derayah will pay dividends as of Q1 2025 until Q4 2027.

 

 

Shareholders also authorized the board of directors to distribute interim dividends on a quarterly basis for 2025.

 

Derayah board of directors approved in April a dividend policy that entails no less than SAR 1.30 per share for 2025, while also amounting to at least 60% of the annual distributable profits for 2026 and 2027, Argaam earlier reported.

 

The board also ratified a cash dividend of SAR 0.325 per unit, or 16.25% of capital, to shareholders for Q1 2025.

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