Al-Jouf Agricultural to pay 5% cash dividend for FY 2019 on May 21

12/05/2020 Argaam

Al-Jouf Agricultural Development Co. will distribute 5% cash dividend for H2 2019 on May 21, 2020, through Al Rajhi Bank, it said in a bourse filing on Tuesday.

 

On May 7, the company’s shareholders approved the board’s recommendation to distribute cash dividend for H2 2019.

 

Dividend Details (H2 2019)

Current Capital

SAR 300 mln

Number of shares

30 mln

Dividend

SAR 15 mln

Percentage of capital

5% (SAR 0.50 per share)

Record date

May 6, 2020(the second days following this date)

Payment date

May 21, 2020

Dividend (FY 2019)

Dividend

SAR 30 mln

Percentage of capital

10% (SAR 1 per share)

 

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