Almarai approves dividend policy for 2026-2030

The policy will take effect in 2027 for cash dividends related to 2026, Almarai says.

Almarai Co. said its board of directors approved on Oct. 5 the dividend policy for fiscal years 2026 to 2030, as part of its five-year strategy and capital allocation framework.

Under the policy, the company targets cash dividend distributions of 40% to 60% of annual net profit. This range balances shareholder returns with the company’s funding needs and disciplined management of leverage levels, while targeting gradual growth in cash dividends in line with sustainable earnings and cash flows, the dairy producer said in a statement to Tadawul.

The policy will take effect in 2027 for cash dividends related to 2026. Actual cash dividends for each year will be determined based on the company’s financial performance, cash flow, investment requirements, leverage levels and operating conditions, and will remain subject to the board’s recommendation, shareholders’ approval, and applicable laws and regulations.

Almarai noted that the policy aims to provide shareholders with greater visibility into the company’s approach to dividend distributions and capital allocation priorities.

According to Argaam data, Almarai’s net profit declined slightly to SAR 1.98 billion in the first nine months of 2026, compared with SAR 1.99 billion in the same period of 2025.

The company distributed cash dividends to shareholders at 11.5% of capital, equivalent to SAR 1.15 per share, for 2025.