Riyadh – Mubasher: The shareholders of Amlak International for Real Estate Finance Company gave the green light for the board’s recommendation to distribute SAR 0.8 per share as a cash dividend for 2020.
The real estate firm will pay a total of SAR 72.48 million or 8% of the capital to the entitled shareholders, according to a bourse disclosure on Tuesday.
Amlak International will later announce the distribution date.
The company achieved a net profit of SAR 98.9 million last year, up by 41.27% from SAR 70 million in 2019.
