Sumou Real Estate Co.’s shareholders approved the board’s recommendation to distribute 10% cash dividend, at SAR 1 per share, for the fiscal year 2019, during the general assembly meeting held on June 30.
Shareholders also granted the board of directors the powers of the general assembly for 1 year or until the end of the current term, whichever is closer.
Dividend Details (FY2019) |
||
Current Capital |
SAR 250 mln |
|
Number of shares |
25 mln |
|
Dividend |
SAR 25 mln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
|
|
Payment date |
To be determined |
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