Savola Board Approves 7% Cash Dividend of SAR 210 Million for First Half 2026

Savola Group's board approved a cash dividend of 7% of capital, or SAR 0.7 per share, for the first half of 2026, totaling SAR 210 million, according to Argaam. The Saudi-listed food and retail group disclosed the decision in a Tadawul statement. Savola operates Savola Foods and Panda Retail Company across the Middle East and North Africa.

Savola Sets Dividend Record and Payment Dates

The dividend equals 7% of Savola's SAR 3 billion capital, which is divided into 300 million shares. Shareholders of record and those registered with Edaa by the end of the second trading day following the record date qualify. The record date is November 10, 2026, and payment is set for November 25, 2026.

The distribution follows shareholder authorization at the ordinary general meeting held in May, which allowed the board to pay interim dividends for 2026. Savola's dividend policy provides for cash distributions of 50% to 60% of net profit, subject to a board recommendation or decision. The company said the distribution is in line with its financial performance and dividend policy.

Savola's Share Capital and 2025 Results

Savola's share capital of SAR 3 billion is split into 300 million shares, according to akta.pro company records. The same records show FY 2025 revenue of SAR 26.1 billion ($7 billion), up 13% from the prior year, driven by growth in retail, food processing and frozen foods. FY 2025 net profit was SAR 874 million, down sharply from SAR 9.97 billion, which reflected the absence of a one-off SAR 11.3 billion gain from the 2024 distribution of the Almarai stake.

Profit Growth Preceded the Payout

Savola announced interim results for the first half of 2026 on August 6, 2026, reporting a 36.017% year-on-year increase in net profit attributable to shareholders to SAR 401.06 million, on revenue of SAR 13,587.59 million, up 3.88%, Sahmcapital reported. Arabnews put the first-half net profit at SR401 million ($106.9 million), up from SR295 million, with revenue up 3.9% to SR13.6 billion and the food processing segment driving growth. On August 9, 2026, Savola received notification from Al Muhaidib Holding of a planned restructuring under which it will transfer 4.59 million shares, a 1.53% stake in Savola, to Abdulkadir Al Muhaidib & Sons Co., Argaam reported.

Savola's November 25 Payment Date

The dividend is scheduled to be paid on November 25, 2026, to shareholders registered by the record date of November 10, 2026.