Riyadh – Mubasher: Cherry Trading Company has rescheduled the distribution date of cash dividends for the fiscal year ended on 31 December 2025.
The company announced a postponement of the payment commencement date to ensure the technical and administrative alignment required for a seamless transfer of funds to eligible shareholders, according to a bourse filing.
Following this latest update, Cherry Trading officially shifted the distribution commencement date to 2 July 2026.
According to the regulatory filing, the correction pertains to an earlier announcement published on the Tadawul website on 21 May 2026.
In the initial statement, the company had designated 24 June 2026, as the start date for the distribution of dividends.
The company clarified that this adjustment was necessary to facilitate the proper and correct execution of the dividend payout process through the Securities Depository Center, commonly known as Edaa.
By coordinating closely with Edaa, the company aims to ensure that the electronic transfer of dividends to the investment accounts of registered shareholders is conducted without technical delays or discrepancies.
Management emphasized that this change is strictly administrative in nature and relates only to the timing of the cash disbursement. Cherry Trading confirmed that there is no change to the eligibility date previously established for shareholders.
Investors who held shares at the end of the eligibility period remain entitled to the dividend payments regardless of this slight shift in the distribution schedule.
Furthermore, the company stated that this amendment carries no financial impact on its balance sheet or overall financial position. The total amount of the dividend remains unchanged, and the correction serves only to provide an accurate timeline for the logistical execution of the payments.
This disclosure follows standard transparency protocols required by the Capital Market Authority (CMA) and the Saudi Exchange (Tadawul), which mandate that listed companies provide immediate corrections to any previously disclosed information that may affect shareholder expectations or market operations.
Earlier in 2026, Cherry Trading obtained a vehicle leasing project worth SAR 61.40 million from the Riyadh Municipality.
