The Board of Directors of Amlak International Real Estate Finance Company, in a meeting on Monday July 7, recommended distributing cash dividends to the company's shareholders for the year 2019.

The company said in a statement to the Saudi market (Tadawul) today, Monday, that the Board recommended distributing cash dividends for the previous year at 7.5% of the nominal value of the share.

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The company explained in the statement that the cash dividends with a total value of about 68 million riyals, where the share of one share of the distributions is 0.75 riyals.

It indicated that the eligibility date for the shareholders who own the shares at the end of trading on the company’s general assembly day (which will be determined later) and registered in the shareholders ’register with the deposit center at the end of the second trading day following the date The General Assembly.

She noted that the date of payment of distributions will be determined later after the approval of the General Assembly of the company on this recommendation.