Sumou Real Estate shareholders approve 5% cash dividend for H2 2021
18/05/2022 Argaam
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.
|
Dividend (H2 2021) |
|
|
Current Capital |
SAR 375 mln |
|
Number of Shares |
37.5 mln |
|
Total Dividend |
SAR 18.75 mln |
|
Percentage of Capital |
5% (SAR 0.5 per share) |
|
Record Date |
May 17, 2022 (Shareholders of record with the Securities Depository Center at the end of the second trading day following the record date) |
|
Payment Date |
May 30, 2022 |
|
Dividend (2021) |
|
|
Total Dividend |
SAR 37.5 mln |
|
Percentage of Capital |
10% (SAR 1 per share) |
However, shareholders disapproved to delegate the board of directors with the OGM powers for one year.