Logo of Banan Real Estate Co.
Shareholders of Banan Real Estate Co. approved a 2.5% interim cash dividend for the first half of 2021, at SAR 0.25 per share, amounting to SAR 5 million, during the ordinary general meeting (OGM) held on Oct. 20, the company said in a bourse statement.
Dividend Details (H1 2021) |
|
Current capital |
SAR 200 mln |
Number of shares |
20 mln |
Dividend |
SAR 5 mln |
Percentage of capital |
2.5% (SAR 0.25 per share) |
Record date |
Oct. 20, 2021 (Registered shareholders at the Securities Depository Center (Edaa) by the end of second trading day following the due date). |
Payment date |
To be determined |
Shareholders also approved authorizing the board of directors to distribute interim dividend on a semi-annual or quarterly basis for 2021, the company said in a bourse statement.
In a separate statement, the company said that dividend will be distributed automatically starting from Thursday, Nov. 4, through Securities Depository Center Co. (Edaa).
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