Dur to vote on dividend for H2 2018 on April 17

27/03/2019 Argaam

Dur Hospitality Co.’s shareholders are set to vote on a 2.5 percent cash dividend for the fiscal year 2018 during the general assembly meeting that will be held on April 17, 2019.

 

 Shareholders will also vote on delegating the board members to distribute cash dividend for the fiscal year 2019.

 

Dividend Details (H2 2018)

Current Capital

SAR 1 bln

Number of shares

100 mln

Dividend

SAR 25 mln

Percentage of capital

2.5% (SAR 0.25 per share)

Record date

April 17, 2019

Payment date

To be determined

Dividend for FY 2018

Total dividend

SAR 50 mln

Percentage of capital

5% (SAR 0.50/share)

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