Amlak shareholders to vote on 8.5% cash dividend for 2021 on May 17

20/04/2022 Argaam

Amlak International for Real Estate Finance Co.'s shareholders are set to vote on an 8.5% cash dividend for 2021, during the ordinary general assembly meeting (OGM) to be held on May 17, the company said in a bourse statement.

 

Dividend Details (2021)

Current Capital

SAR 906 mln

Number of Shares

90.6 mln

Total Dividend

SAR 77.01 mln

Percentage of Capital

8.5% (SAR 0.85 per share)

Record Date

May 17, 2022, including shareholders who own shares and enrolled with the Securities Depository Centre (Edaa) by the end of the second trading day following the OGM.

Payment Date

To be announced later

 

The shareholders will also vote on delegating the board of directors to distribute interim dividend for 2022 on a semi-annual or a quarterly basis.

 

They will also vote on SAR 2.277 million board remuneration for the same fiscal year.

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