Banan Real Estate Co. shareholders will discuss a 3% cash dividend for H2 2021, at SAR 0.30 per share, during the ordinary general meeting (OGM) slated for May 31, the company said in a bourse statement.

 

Dividend Details

Current Capital

SAR 200 mln

Number of Shares

20 mln shares

Dividend

SAR 6 mln

Percentage of Capital

3% (SAR 0.30 per share)

Record Date

Shareholders registered with the Securities Depository Center (Edaa) for trading at the end of the second trading day following the due date

Payment Date

To be announced later
 

Dividend Details (2021)

Total Dividend

SAR 11 mln

Issue percentage (%)

5.5% (equivalent to SAR 0.55 per share)
 

Shareholders will also vote on authorizing the board of directors to distribute interim dividend on a biannual or quarterly basis for FY 2022.

 

Shareholders will participate and vote on the meeting agenda items through Tadawulaty system as of May 26.

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