| Element List | Explanation |
|---|---|
| Announcement Detail | Al Hammadi holding (the Company) announces that the Board of Directors in their meeting held on 08-11-2025, has approved the company’s dividend policy for the next four years starting from the 3rd quarter 2025. The dividend policy as approved by the board of directors remains subject to the ratification in the next General Assembly Meeting which will be announced later. The objective of the dividend policy is to maintain a minimum level of dividend per share on quarterly basis.
The dividend policy as follows: Alhammadi commits to pay at least 60% of its net profits per quarter for the next four years. The dividends policy will remain subject to change based on the following: 1. Any material changes in the strategy and business of the company (including the business environment it operates in); 2. Laws and regulations that are applicable on the Company; and 3. Any banking, other funding or credit rating covenants that the company may be bound to follow from time to time. |
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