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.
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Dividend Details |
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Current Capital |
SAR 200 mln |
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Number of Shares |
20 mln shares |
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Dividend |
SAR 6 mln |
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Percentage of Capital |
3% (SAR 0.30 per share) |
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Record Date |
Shareholders registered with the Securities Depository Center (Edaa) for trading at the end of the second trading day following the due date |
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Payment Date |
To be announced later |
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Dividend Details (2021) |
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Total Dividend |
SAR 11 mln |
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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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