Riyadh – Mubasher: The ordinary general meeting (OGM) of Alandalus Property Company approved the board’s proposal for a cash dividend of SAR 35 million or SAR 0.50 per share for 2020.
The eligibility for dividends will be for shareholders registered at the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date, the company said in a bourse disclosure on Wednesday.
Dividends will be transferred to the accounts linked with the respective portfolios of eligible shareholders by 13 June through Edaa.
In 2020, Alandalus Property registered a net profit after Zakat and tax of SAR 14.34 million, down from SAR 64.8 million in 2019.
Source: Mubasher
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