On August 27, 2024, United Mining Industries “United Mining”distributed a 7% cash dividend to its shareholders for the first half of the 2024 fiscal year. The company announced in a statement to “Tadawul Saudi Arabia” on Wednesday that the total amount distributed was SAR 9.8 million, with 14 million shares eligible for dividends. Each share received SAR 0.7.

The company set the entitlement date as September 3, 2024, with the distribution date on the 17th of the same month. The company also clarified that non-resident investors would be subject to a 5% withholding tax on cash distributions, in accordance with Article 68 of the Tax System and Article 63 of its Executive Regulations.