Alandalus BOD distributes SR 23.3 million cash dividends for H1‎

Alandalus Real Estate Company announced the decision of its board of directors to distribute 23.3 million riyals as interim cash dividends to shareholders for the first half, equivalent to 2.5% of the share’s nominal value.

The number of shares entitled to dividends amounted to 93.3 million shares, at 0.25 riyals per share.

The eligibility for dividend distribution will be for shareholders who own shares at the end of trading on Tuesday, corresponding to August 15th, and who are registered with a deposit center on the second trading day following the due date, and the distribution will take place on August 29th.