Makkah Construction to pay FY19 cash dividend at 15% on May 14

11/05/2020 Argaam

Makkah Construction and Development Co. will start paying cash dividend at 15%, or SAR 1.5 per share, for FY ending Dec. 31, 2019, on May 14, 2020, according to a bourse filing.

 

Dividend Details (FY 2019)

Current Capital

SAR 1.648 bln

Number of shares

164.82 mln

Dividend

SAR 247.2 mln

Percentage of capital

15% (SAR 1.5 per share)

Record date

Second trading day following the meeting’s date

Payment date

May 14, 2020

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