YANSAB Sets H1 2026 Dividend, Flags 5% Tax for Foreign Holders

Yanbu National Petrochemical Co. (YANSAB) declared an interim cash dividend for the first half of 2026, the company said in a filing. The board approved the distribution, though the per-share amount and payment date were not disclosed in the announcement.

Shareholders were asked to update their bank account details and link them to investment portfolios ahead of the distribution day. Non-resident investors face a 5% withholding tax on the payout under Article 68 of Saudi Arabia's Income Tax Law, unless they hold an exemption from the Zakat, Tax and Customs Authority.

YANSAB said foreign investors with tax-exemption certificates should contact the company within five calendar days of the eligibility date and provide supporting documents.