View board proposes 30% cash dividend for 2023

25/04/2024 Argaam
Logo ofView United Real Estate Development Co.

Logo of View United Real Estate Development Co.


View United Real Estate Development Co.’s board of directors recommended on April 24 distributing a cash dividend of SAR 3 per share, or 30% of capital, for 2023, according to a statement to Tadawul.

 

Dividend Details (2023)

Current Capital

SAR 33 mln

Number of Shares

3.3 mln

Total Dividends

SAR 9.9 mln

Percentage of Capital

30% (SAR 3 per share)

Record Date

Shareholders of record on the general assembly date and those registered with Edaa by the close of the second trading day following the meeting date

Payment Date

To be determined later

 

According to data available on Argaam, this will be the first dividend distribution for the company since its debut on the Nomu-Parallel Market in December 2023.

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