Alandalus shareholders to vote on 5% cash dividend for 2020 on June 1

05/05/2021 Argaam Exclusive

Alandalus Property Co.'s shareholders are set to vote on a board recommendation to distribute a 5% cash dividend, at SAR 0.5 per share, for 2020, during the ordinary general assembly meeting (OGM) that will be held on June 1, 2021.

 

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

 

Shareholders will also vote on authorizing the board to pay interim dividend for 2021 on a quarterly or semi-annual basis.

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Contact Us (+966)-92000-7759
Alandalus Property Co.
27.05
(0.15) (0.55 %)

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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 2.36
Dividend Yield 2.51 %
Market Cap. (M) 2,524.58
Return on Average Assets 1.69 %
Return on Average Equity 3.38 %

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