SAL’s Dividend Distribution Policy is designed to balance sustainable shareholder returns with the Company’s long-term growth objectives, capital requirements, and financial stability. The policy reflects the Company’s commitment to delivering consistent value to shareholders while maintaining adequate liquidity to support strategic investments and operational needs.
In accordance with the approved guidelines, the Board of Directors has recommended the distribution of quarterly cash dividends of no less than 75% of net income, subject to the Company’s financial performance, cash flow position, capital expenditure requirements, and applicable regulatory provisions. All dividend distributions are subject to the recommendation of the Board and the approval of the General Assembly.
Details of the dividend percentages distributed to shareholders during the financial year 2024–2025, including interim quarterly distributions, the proposed final dividend, and the total cumulative dividend for the year are as follows:
|
For the fourth quarter of 2024 |
For the first quarter of 2025 |
For the second quarter of 2025 |
For the third quarter of 2025 |
|
| Due date | 26/02/2025 | 24/06/2025 | 21/08/2025 | 16/11/2025 |
| Distribution date | 18/03/2025 | 14/07/2025 | 09/09/2025 | 01/12/2025 |
| Distribution ratio to nominal share value | 13.3% | 14.3% | 15.2% | 17.0% |
| Dividend per share (X) | 1.33 | 1.43 | 1.52 | 1.70 |
| Total distribution amount (X) | 106,400,000 | 114,400,000 | 121,600,000 | 136,000,000 |
There are no arrangements or agreements under which a shareholder of the Company has waived any rights to dividends.
The board has also approved a distribution of cash dividends for the fourth quarter of 2025 for a total of X 151,200,000 (X 1.89 dividend per share). Eligibility date will be on the 1 April 2026 with the distribution date to be on the 16 April 2026.