SAUDI EXCHANGE CORRECTS ELIGIBILITY DATE IN DIVIDEND ANNOUNCEMENT
Riyadh, Saudi Arabia — A listed company on the Saudi Exchange has issued a correction to a previously published dividend announcement, adjusting the eligibility date by one day. The original announcement, published on August 10, 2026, stated the eligibility date as September 23, 2026. The corrected date is September 22, 2026. The change is minor […] The post SAUDI EXCHANGE CORRECTS ELIGIBILITY…
Riyadh, Saudi Arabia — Saudi Exchange has corrected the eligibility date for a dividend announcement made on August 10, 2026, by one day. Originally, the eligibility date was listed as September 23, 2026, but the exchange has now amended it to September 22, 2026.
The corrected date determines which shareholders are eligible to receive the dividend. Missing this date by even a day means an investor will not receive any dividend from that distribution cycle. The company filed the amendment directly through the Saudi Exchange’s official disclosure platform, without providing an explanation for the original error.
For active traders, this one-day shift is significant because Saudi Exchange settlement operates on a T+2 basis, meaning investors must hold shares for two trading days before the eligibility date to qualify. An incorrect eligibility date could have caused investors to miscalculate their entry timing and miss the dividend.
To avoid missing out on the dividend, investors should act on the corrected date of September 22, 2026, and ensure they purchase shares no later than September 18, 2026, to qualify under the T+2 settlement terms. It is crucial to verify the corrected date directly on the Saudi Exchange disclosure portal, as relying on secondary sources may lead to relying on outdated or incorrect information.
Written by urgent.news from The Saudi Standard's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.