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 | 1.95 |
Dividend Yield | 1.04 % |
Market Cap. (M) | 1,913.27 |
Return on Average Assets | (1.62 %) |
Return on Average Equity | (3.56 %) |
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