Riyadh – Mubasher: Arriyadh Development Company’s board recommended paying SAR 0.65 per share or a total of SAR 115.6 million in cash dividends to shareholders for the second half (H2) of 2020.
In H1-20, the company paid cash dividends of SAR 0.50 a share, bringing total distributions for the year 2020 to SAR 1.15 per share, according to a stock exchange statement on Thursday.
Eligibility of dividends will be to the shareholders at the end of the ordinary general meeting’s (OGM) assembly day, as per the registered shareholders in the register of the Securities Depository Center Company (Edaa) at the end of the second trading day following the OGM meeting date.
