Sumou board declares 10% cash dividend for H1 2023

Headquarters of Sumou Real Estate Co.

The board of directors of the Nomu-listed Sumou Real Estate Co. declared, on Aug. 23, a 10% cash dividend for the first half of 2023, at SAR 1 per share, as shown below:

 

Dividend (H1 2023)  

Current Capital 

SAR 375 mln

Number of Shares 

37.5 mln

Total Dividends 

SAR 37.5 mln

Percentage of Capital 

10% (SAR 1 per share)

Record Date 

Sept. 25, 2023, and shareholders registered with Edaa by the close of the second trading day following the record date

Payout Date 

October 9, 2023

 

According to data compiled by Argaam, Tadawul approved, on Aug. 20, Sumou’s application for transition from Nomu to the main market (TASI).

 

The company set Sept. 10 as the last date of the trading suspension on the share, for the transfer to the main market.

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