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English news

22-Feb-2016

Saudi Real Estate board recommends SAR0.5/share in cash dividends for 2H2015

Saudi Real Estate has announced that its board had proposed SAR0.50/share in cash dividends for 2H2015. Shareholders eligible for the distribution are those as of end of trading session of the assembly meeting, whose date is yet to be announced. This implies a dividend yield of 2.9% on yesterday’s closing price, and 5.8% when we add-up the SAR0.50/share distributed for 1H2015. (Tadawul)

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