The Board of Directors of Al-Andalus Real Estate Company recommended distributing 10% cash dividends for the year 2019, per 10% of the par value of the share.

The company said in a statement to the Saudi market (Tadawul) that the distributions are one riyal per share, with a total value of 70 million riyals.

She explained that the eligibility of dividends to the shareholders who own the shares of the company at the end of trading on the next public meeting day of the company, and who are registered in the shareholders ’record at the Securities Depository Center company at the end of the second trading day following The date of the meeting of the aforementioned association, which will be announced later after taking the necessary approvals from the competent authorities.

The company stated that the date of dividend distribution will be announced later.