Riyadh – Mubasher: The board members of Al Babtain Power and Telecommunication Company decided to pay out a cash dividend to shareholders for the first quarter (Q1) of the 2026, according to a bourse filing.
The total amount is valued at approximately SAR 31.97 million, representing a dividend of SAR 0.50 per share, as the company continues its practice of returning capital to its investors based on quarterly financial performance.
Based on the 63.94 million shares currently eligible for dividends, the distribution represents 5% of the share’s par value.
Meanwhile, the eligibility for the dividend is tied to shareholders who own the company's stock at the close of trading on 9 June 2026, while the distribution date will be announced at a later time.
In the first quarter (Q1) of 2026, Al Babtain Power registered net profit worth SAR 143.30 million and revenue of SAR 747.90 million.
