Dur Hospitality Co.’ shareholders approved the board’s recommendation to distribute a 5% cash dividend for the fiscal year 2019 (SAR 0.5 per share) during the ordinary general meeting (OGM) held on April 12, according to a bourse filing on Monday.
Shareholders also authorized the board of directors to distribute interim dividends on a semi-annual and quarterly basis for 2020.
|
Dividend Details (FY2019) |
|
|
Current Capital |
SAR 1 bln |
|
Number of shares |
100 mln |
|
Dividend |
SAR 50 mln |
|
Percentage of capital |
5% (SAR 0.5 per share) |
|
Record date |
April 12, 2020 (Including those registered at the Securities Depository Center (Edaa) on the second trading day following the general assembly meeting |
|
Payment date |
To be determined |
| P/E (TTM) | 40.65 |
| P/E Before Unusual Items (TTM) | 47.70 |
| P/BV | 1.66 |
| Dividend Yield | - |
| Market Cap. (M) | 2,700.00 |
| Return on Average Assets | 1.91 % |
| Return on Average Equity | 4.13 % |
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