Logo of TAM Development Co.
TAM Development Co.’s board of directors recommended a 6.2% cash dividend, or SAR 0.62 per share, for 2025, the company said in a statement to Tadawul.
|
Cash Dividend (2025) |
|
|
Capital |
SAR 36.60 mln |
|
Number of Shares* |
3.66 mln |
|
Total Dividend |
SAR 2.05 mln |
|
Percentage of Capital |
6.2% (SAR 0.62 per share) |
|
Record Date |
Shareholders of record by the close of trading on the general meeting date and those registered with Edaa at the end of the second trading day following the general meeting |
|
Payment Date |
To be announced later |
The company said in a statement to Tadawul that the dividend distribution is in line with its policy of distributing 10% of net profit to shareholders. This reflects the company's commitment to delivering sustainable returns while maintaining the financial flexibility needed to support its growth strategy.
According to data available on Argaam, TAM reported a net profit of SAR 20.58 million for 2025, with the 10% dividend amounting to about SAR 2.06 million.
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