Dar Al Arkan recommends 5% dividend for FY17

26/04/2018 Argaam

Dar Al Arkan Real Estate Development Co.’s board of directors has recommended a 5 percent cash dividend for the fiscal year 2017, at SAR 0.5 per share, amounting to SAR 540 million.

 

Cash Dividend Details (FY 2017)

Current Capital

SAR 10.8 bln

Number of shares

1.08 bln

Cash dividend

SAR 540 mln

Percent capital

5% (SAR 0.5 per share)

Record date

May 15, 2018

Payment date

To be determined

 

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