Alandalus Property plans 5% cash dividend for 2020

04/03/2021 Argaam Exclusive

Alandalus Property Co.'s board of directors recommended a 5% cash dividend, at SAR 0.5 per share, for 2020, amounting to SAR 35 million.

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

General assembly meeting, including shareholders registered at Edaa on the second day following this date

Payment date

To be determined

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Alandalus Property Co.
25.95
(0.85) (3.17 %)

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Valuation Data (Latest Share Price)

P/E (TTM) More than 50
P/E Before Unusual Items (TTM) More than 50
P/BV 2.26
Dividend Yield 2.51 %
Market Cap. (M) 2,421.91
Return on Average Assets 1.69 %
Return on Average Equity 3.38 %

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