AI Summary
Alandalus Property Co.'s shareholders approved the board recommendation to distribute a 5% cash dividend, at SAR 0.5 per share, for 2020, during the ordinary general assembly meeting (OGM) held on June 1, 2021, according to a bourse filing.
|
Dividend Details (2020) |
|
|
Current Capital |
SAR 700 mln |
|
Number of shares |
70 mln |
|
Dividend |
SAR 35 mln |
|
Percentage of capital |
5% (SAR 0.5 per share) |
|
Record date |
June 1, 2021 (including shareholders registered at Edaa on the second day following this date) |
|
Payment date |
June 13, 2021 |
Shareholders also authorized the board to pay interim dividend for 2021 on a quarterly or semi-annual basis.
Meanwhile, they also approved the board and auditor reports, along with the financial statements for 2020.
| P/E (TTM) | NEG |
| P/E Before Unusual Items (TTM) | NEG |
| P/BV | 1.67 |
| Dividend Yield | 1.04 % |
| Market Cap. (M) | 1,601.54 |
| Return on Average Assets | (1.18 %) |
| Return on Average Equity | (2.63 %) |
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