Logo of Sumou Real Estate Co.
Sumou Real Estate Co.’s board of directors recommended a 5% cash dividend for the first half of 2021, at SAR 0.50 per share, amounting to SAR 18.75 million.
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Dividend Details (H1 2021) |
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Current Capital |
SAR 375 mln |
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Number of shares |
37.5 mln |
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Dividend |
SAR 18.75 mln |
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Percentage of capital |
5% (SAR 0.5 per share) |
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Record date |
Sept. 26, 2021 (Including shareholders registered with Edaa at the end of second trading day following the due date) |
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Payment date |
Oct. 14, 2021 |
In May, the company’s shareholders approved increasing capital from SAR 250 million to SAR 375 million, through the issue of one bonus share for every two shares held, through converting an amount of SAR 125 million from retained earnings account, according to data compiled by Argaam.
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