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Banan Real Estate Co. announces the distribution of cash dividend for The first half of the financial year 2021


Banan Real Estate Co. announces the recommendation by the Board of Directors to distribute an interim a cash dividend to shareholders of SAR 0.25 per share for the first half of fiscal year ending 31 December 2021, subject to AGM approval.

Date of the board’s decision 2021-09-08 Corresponding to 1443-02-01
The Total amount distributed 5000,000
Number of Shares Eligible for Dividends 20,000,000
Dividend per share 0.25
Percentage of Dividend to the Share Par Value (%) 2.5 %
Eligibility date All the shareholders registered with Securities Depository Center as the shareholders of the Company at the end of second trading day of holding of General Assembly meeting shall be eligible for the dividend. The date of the General Assembly meeting shall be announced after getting requisite approvals from regulatory bodies.