Riyadh - The board of Arabian Centres Company (ACC) has approved, on 23 January, to distribute cash dividends worth SAR 356.25 million for the first half (H1) of fiscal year (FY) 2021/2022.

The Saudi listed company will pay a dividend of SAR 0.75 per share for a total of 475 million eligible shares, according to a bourse filing on Monday.

ACC noted that the dividends for H1-21/22, which ended on 30 September 2021, represent 7.5% of the capital.

The eligibility and distribution dates will be on 26 January and 14 February, respectively.

It is noteworthy to mention that during the first six months of FY21/22, the net profits of ACC decreased by 17.8% year-on-year (YoY) to SAR 217.1 million, compared to SAR 264.2 million.

 

All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.