The Board of Directors of the Saudi Highness Real Estate Company recommended distributing 25 million riyals in cash dividends to 25 million riyals per share, for the year 2019, at a rate of 10% Of the face value.

According to ArabiaNet, the company stated in a statement that the eligibility of dividends to the shareholders of the company who own the shares at the end of the day of the next general assembly and who are registered in the company’s shareholders ’register at the depository center at the end of The second trading day follows the due date.

The company said that it will announce the date of the general assembly later after obtaining approval from the competent authorities.

It is mentioned that His Highness Real Estate Company was listed in the parallel financial market in Saudi Arabia on May 11, 2020 and this is the first recommendation for it to distribute cash dividends to its shareholders.