Sumou Real Estate Co.’s headquarters
Shareholders of Sumou Real Estate Co. approved the board's proposal for a 5% cash dividend, or SAR 0.50 per share, for H2 2021, during the ordinary general meeting (OGM) held on May 17, according to a bourse filing.
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SAR 375 mln |
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37.5 mln |
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Total Dividend |
SAR 18.75 mln |
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5% (SAR 0.5 per share) |
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May 17, 2022 (Shareholders of record with the Securities Depository Center at the end of the second trading day following the record date) |
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May 30, 2022 |
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Total Dividend |
SAR 37.5 mln |
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10% (SAR 1 per share) |
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However, shareholders disapproved to delegate the board of directors with the OGM powers for one year.
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