Riyadh – Mubasher: Dur Hospitality Company’s shareholders have approved the board’s recommendation to distribute SAR 50 million in cash dividends for 2019.
Dividends will be distributed at SAR 0.50 per share, representing 5% of the share’s par value, according to a statement to the Saudi Stock Exchange (Tadawul) on Monday.
The company’s ordinary general meeting (OGM) has also approved the reports of last year and authorized the board of directors to periodically distribute dividends for 2020.