SRECO’s GA approves 5% cash dividends for H2 of 2013

27/03/2014 Tadawul

The general assembly of The Saudi Real Estate Company (SRECO) approves 5% cash dividends (SAR 0.50/share) for H2 of 2013, in its meeting held yesterday, as shown in the following table:

Cash dividends details

SAR 1200 million

Current capital

120 million shares

Number of shares

SAR 60 million

H2/2013 dividends declared

5% ( SAR 0.50 /share)

% of Capital

March, 26, 2014

Record date

To be determined later

Payment date

 

    

2013’s cash dividends details

SAR 120 million

Total cash dividends

10% (SAR 1/share)

% of Capital

 

   

The GA also approved all other items included in the agenda


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