Alandalus Property Co.’s shareholders are set to vote on a 10% cash dividend at SAR 1 a share, for the fiscal year 2019, during the general assembly meeting that will be held on May 14, 2020.
Shareholders will also vote on audited financial statements and audit report for FY2019 as well as the board report for the same period.
In addition, they will vote on discharging members of the board of directors from liabilities during FY2019.
During the meeting, they will also vote on appointing an external auditor to audit the company’s financial statements for Q2, Q3 and FY2020 as well as Q1 2021.
Meanwhile, they will also vote on authorizing the board of directors to pay semi-annual or quarterly dividends for FY2020.
Dividend Details (FY2019) |
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Current Capital |
SAR 700 mln |
|
Number of shares |
70 mln |
|
Dividend |
SAR 70mln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
|
|
Payment date |
To be determined |
P/E (TTM) | NEG |
P/E Before Unusual Items (TTM) | NEG |
P/BV | 2.23 |
Dividend Yield | 2.51 % |
Market Cap. (M) | 2,305.25 |
Return on Average Assets | (0.55 %) |
Return on Average Equity | (1.18 %) |
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