Dur to pay 5% cash dividend for FY 2019 on April 26

16/04/2020 Argaam

Dur Hospitality Co. (Dur) will distribute 5% cash dividend for the fiscal year 2019 on April 26, 2020, through Riyad Bank, it said in a bourse filing on Thursday.

 

On April 12, the company’s shareholders approved the board’s recommendation to distribute cash dividend for 2019.

 

Dividend Details (FY2019)

Current Capital

SAR 1 bln

Number of shares

100 mln

Dividend

SAR 50 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

April 12, 2020 (Including those registered at the Securities Depository Center (Edaa) on the second trading day following the general assembly meeting

Payment date

April 26, 2020

 

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