Money and business
Distribution of phased profits for the first quarter of 2025
Today, the Board of Directors of Draya Financial Company decided to distribute phased profits for the first quarter of the fiscal year 2025 AD.
The company said in a statement to Saudi Arabia’s circulation: The total amount distributed is 79,134,709.23 riyals.
She added that the number of shares due for profits (243,491,413) shares, while the share share of the distribution is 0.325 Saudi riyals per share, while the distribution rate to the nominal share value is 16.25%.
The date of truth will be 1446-11-03 corresponding to 2025-05-01, while the distribution date will be 1446-11-16 corresponding to 2025-05-14.
Today, the Finance Board of Directors approved the company’s profit distribution policy for the next three years, and it will be presented during the next General Assembly meeting for its approval, which will be announced later.
And the profit distribution policy is as follows:
Draya Finance Company (“The Company”) is obligated to distribute: (a) at least 1.30 riyals per share for the fiscal year ending on December 31, 2025 AD, (B), at least 60% of the annual distribution annual profits for the financial years ending on December 31, 2026 AD, and December 31, 2027 AD.
The company is distributed by distributing profits in a quarterly basis, starting with the distributions of the first quarter of the year 2025 AD and ending with the distributions of the fourth quarter of the year 2027 AD.
The Board of Directors may consider distributions more than the minimum referred to above, based on the financial results of the relevant period, the capital requirements of the company, and other relevant conditions.
The profit distribution policy is subject to change based on any fundamental changes in the company’s strategy, business and financial position, or the regulatory requirements that the company is subject to, including the requirements related to financial solvency, or contractual pledges of a financial nature that the company may be subject to from time to time.
The company said in a statement to Saudi Arabia’s circulation: The total amount distributed is 79,134,709.23 riyals.
She added that the number of shares due for profits (243,491,413) shares, while the share share of the distribution is 0.325 Saudi riyals per share, while the distribution rate to the nominal share value is 16.25%.
The date of truth will be 1446-11-03 corresponding to 2025-05-01, while the distribution date will be 1446-11-16 corresponding to 2025-05-14.
Today, the Finance Board of Directors approved the company’s profit distribution policy for the next three years, and it will be presented during the next General Assembly meeting for its approval, which will be announced later.
And the profit distribution policy is as follows:
Draya Finance Company (“The Company”) is obligated to distribute: (a) at least 1.30 riyals per share for the fiscal year ending on December 31, 2025 AD, (B), at least 60% of the annual distribution annual profits for the financial years ending on December 31, 2026 AD, and December 31, 2027 AD.
The company is distributed by distributing profits in a quarterly basis, starting with the distributions of the first quarter of the year 2025 AD and ending with the distributions of the fourth quarter of the year 2027 AD.
The Board of Directors may consider distributions more than the minimum referred to above, based on the financial results of the relevant period, the capital requirements of the company, and other relevant conditions.
The profit distribution policy is subject to change based on any fundamental changes in the company’s strategy, business and financial position, or the regulatory requirements that the company is subject to, including the requirements related to financial solvency, or contractual pledges of a financial nature that the company may be subject to from time to time.
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