Amlak International EGM approves dividends for 2019

The distributions will be paid within 15 days from the due date

  

Riyadh - Mubasher: The extraordinary general meeting (EGM) of Amlak International for Real Estate Finance gave the green light to the proposed cash dividends of SAR 67.95 million or SAR 0.75 per share for 2019.

The amount represents 7.5% of the company’s capital, according to a filing to the Saudi bourse on Thursday.

Eligibility of dividends will be to the shareholders on the maturity date, 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 general assembly’s meeting date.

The distributions will be paid within 15 days from the due date.

Source: Mubasher

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