Fad International Shareholders Approve 50% Dividend for 2025

Shareholders of Fad International Co. approved a 50% cash dividend for 2025 at the company's ordinary general meeting on June 16. The board's recommendation passed without disclosed opposition, according to the meeting notice.

The dividend, calculated as a percentage of par value, is a standard payout structure for Saudi-listed firms. Fad International did not specify the ex-dividend date or payment timeline in the filing.

Other Saudi companies have also announced dividends recently. MESC declared a 6% cash dividend for the first half of 2026, reflecting a broader pattern of shareholder returns in the region.

For Fad International, the 50% payout follows a period of steady operations. Investors will watch for the record date to assess the effective yield against the current share price.