Land'Or, a Tunisian company, has announced that its shareholders will receive exceptional dividends of 0.100 DT per share. This decision was made by the company's Ordinary General Assembly on September 30, 2026. The amount represents 10% of the nominal value of the shares and will be deducted from the "Prime d'émission" account.

The payment of these exceptional dividends is scheduled for October 14, 2026, with the detachment of the dividend set for October 12, 2026. The total amount will be subject to withholding tax at source. This move is expected to benefit all shareholders of Land'Or, who will receive this additional payment based on their current holdings.

Land'Or's decision to distribute these exceptional dividends comes after a strong financial performance. The company's net profit for the first half of 2026 was reported at 8.3 MDT. This positive financial situation has enabled the company to decide on this distribution of exceptional dividends to its shareholders.

The distribution of dividends is a significant event for Land'Or, highlighting the company's commitment to sharing its financial success with its shareholders. This payment of 0.100 DT per share adds to the regular dividend payments made by the company. In 2024, the company set a dividend of 0.4 Dinars per share.

Land'Or has been investing in its operations and growth. Recently, the company has injected 4.9 MTND in investments, demonstrating its commitment to expanding and improving its activities. This investment, along with the distribution of dividends, showcases the company's balanced approach to growth and shareholder value.

The announcement of these exceptional dividends has been well-received by shareholders, who appreciate the company's efforts to distribute its profits. This move is also seen as a positive signal for the company's future prospects, as it indicates a strong financial position and a commitment to rewarding shareholders.

Land'Or's shares, along with those of its partner PGH, have seen significant attention in the market. The company's stock has been performing well, and the announcement of exceptional dividends is expected to further boost investor confidence. The partnership between Land'Or and PGH has been described as more than just a synergy, highlighting the potential for future growth and collaboration.

Key points

  • Land'Or will pay exceptional dividends of 0.100 DT per share to its shareholders on October 14, 2026.
  • The decision to distribute these dividends was made by the company's Ordinary General Assembly on September 30, 2026.
  • The payment represents 10% of the nominal value of the shares and will be deducted from the "Prime d'émission" account.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.