Logo of Banan Real Estate Co.
Banan Real Estate Co.’s board of directors decided to pay a cash dividend of 2%, or SAR 0.02 a share, for H2 2022, payable on Sept. 10, according to a statement to Tadawul.
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Dividend Details |
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Current Capital |
SAR 200 mln |
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No. of Shares |
200 mln |
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Stock Par Value |
SAR 1 |
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Total Dividend |
SAR 4 mln |
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% of Capital |
2% (SAR 0.02 a share) |
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Record Date |
Aug. 31, 2023 (Shareholders of record and those registered with Edaa on the second trading day following the record date) |
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Payment Date |
Sept. 10, 2023 |
Banan paid a cash dividend at 3%, or SAR 0.30 a share for H1 2022, before a stock par value reduction to SAR 1. Therefore, total dividends for 2022 would amount to SAR 10 million, data available on Argaam showed.
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