Al Kuzama shareholders approve 13.69% cash dividend for H1 2025

Logo of Al Kuzama Trading Co.

Al Kuzama Trading Co. said its shareholders approved a board recommendation to pay a cash dividend of 13.69% of capital, or SAR 1.369 per share.

The approval came at an extraordinary general meeting (EGM) held on Nov. 6, according to a statement to Tadawul.

Shareholders also authorized the board to distribute interim dividends on a semi-annual or quarterly basis for 2025.

Moreover, shareholders approved the sale of company-owned property in the Al-Masfa neighborhood, covering 5,000 square meters and registered under deed number 560002675238 dated 18-02-1447 Hijri.

Additionally, they approved a board recommendation to amend the use of proceeds from a previous offering, reallocating SAR 20 million originally planned for plant construction and equipping to instead equip the central plant and expand commercial operations.

The EGM further approved amendments to Article 4 of the company’s Articles of Association, relating to company objectives, and added a new article authorizing the company to purchase, sell, or pledge its own shares.

Al Kuzama’s shares began trading on the Nomu-Parallel Market in June 2025 at SAR 107 per share, according to Argaam data.