Shareholders of Makkah Construction and Development Co. will vote on a 20 percent cash dividend, or SAR 2 per share, for fiscal year 2018-19, in the general assembly meeting that will be held on May 1, 2019.
Shareholders will also vote on the board report for the same period and discharge board members from liabilities during FY 2018, the company said in a bourse filing on Tuesday.
Meanwhile, they will vote on all other items on the agenda including board remuneration of SAR 2.2 million and appointment of an external auditor, the statement added.
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Dividend Details (2018-19) |
|
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Current Capital |
SAR 1648.16 mln |
|
Number of shares |
164.82 mln |
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Dividend |
SAR 329.63 mln |
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Percentage of capital |
20% (SAR 2 per share) |
|
Record date |
May 1, 2019 |
|
Payment date |
To be determined later |
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