Alandalus Property approves 20% dividend for FY17
28/05/2018
Argaam
Alandalos Property Co.’s general assembly has approved a 20 percent cash dividend for the fiscal year 2017, at SAR 2 per share, amounting to SAR 140 million.
The dividend includes SAR 105 million realized gains on the IPO of 31.27 percent of AlAhli REIT Fund (1).
Shareholders have also delegated the board of directors to distribute semi-annually or quarterly cash dividend for the fiscal year 2018 in accordance with the rules and procedures of the corporate law.
|
Dividend Details (FY 2017) |
|
|
Current Capital |
SAR 700 mln |
|
Number of shares |
70 mln |
|
Dividend |
SAR 140 mln (Includes SAR 105 mln gains from the IPO of Alahli REIT Fund 1) |
|
Percentage of capital |
20% (SAR 2 per share) |
|
Record date |
May 27, 2018 |
|
Payment date |
June 10, 2018 |
Market Indices
TASI
10,878.46
13.89
0.13 %
Quotes
ALANDALUS
14.19
(0.16)
(1.12%)
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}