Alandalus shareholders approve 5% cash dividend for 2020

02/06/2021 Argaam Exclusive

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.

Kindly, you can view the full report by subscribing to the and the report contains details, historical information, and charts

25.65
(0.25) (0.97 %)
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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 2.23
Dividend Yield 2.51 %
Market Cap. (M) 2,393.91
Return on Average Assets 1.69 %
Return on Average Equity 3.38 %

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