Sumou board declares 10% cash dividend for H1 2023
24/08/2023 Argaam
Headquarters of Sumou Real Estate Co.
The board of directors of the Nomu-listed Sumou Real Estate Co. declared, on Aug. 23, a 10% cash dividend for the first half of 2023, at SAR 1 per share, as shown below:
|
Dividend (H1 2023) |
|
|
Current Capital |
SAR 375 mln |
|
Number of Shares |
37.5 mln |
|
Total Dividends |
SAR 37.5 mln |
|
Percentage of Capital |
10% (SAR 1 per share) |
|
Record Date |
Sept. 25, 2023, and shareholders registered with Edaa by the close of the second trading day following the record date |
|
Payout Date |
October 9, 2023 |
According to data compiled by Argaam, Tadawul approved, on Aug. 20, Sumou’s application for transition from Nomu to the main market (TASI).
The company set Sept. 10 as the last date of the trading suspension on the share, for the transfer to the main market.