Tadawul operator proposes dividend despite profit drop

The board of the Saudi Tadawul Group (STG), the owner and operator of the kingdom’s stock exchange, has proposed a dividend payout despite posting a drop in revenue in 2025.

The dividend payout will reach SAR276 million ($74 million), or 23 percent of the capital, subject to shareholder approval, the company said in a statement.

Net profit attributable to shareholders fell 36 percent year on year to SAR396 million in 2025. 

Revenue also fell 13 percent annually to SAR1.3 billion after the capital markets segment registered a 19 percent decline. However, income from listing services rose 14 percent.

STG has been contacted for comment.

Revenues of the data and technology services segment rose 13 percent but the post-trade segment fell 17 percent between January and December.

Earnings per share amounted to SAR3.30 in 2025, compared to SAR5.18 in the previous year, down 36 percent.

The average daily traded value reached SAR5.2 billion in 2025 and 52 new securities were listed, taking the total to 473.

• Gulf markets react to Iran strikes while Kuwait halts trading
• James Drummond: Buckle up for more market volatility
• Four companies said to be working on Saudi listings

Market capitalisation reached SAR8.9 trillion by the end of 2025, the statement said. 

The exchange has 4,620 qualified foreign investors who hold SAR338 billion in stocks.

STG stock closed 3.8 percent lower at SAR131.60 on Sunday, down 6 percent so far this year. The Public Investment Fund owns 60 percent of the company.