Banan’s board approves 2% dividend for H1 2023

26/12/2023 Argaam

Banan’s board approves 2% dividend for H1 2023

Logo of Banan Real Estate Co.


Banan Real Estate Co.’s board of directors approved today, Dec. 26, distributing cash dividends of SAR 0.02 per share, or 2% of capital, for the first half of 2023, according to a Tadawul statement.

 

Dividend Details (H1 2023)

Current capital

SAR 200 mln

Number of shares

200 mln

Stock par value

SAR 1

Total dividends

SAR 4 mln

Percentage of capital

2% (SAR 0.02 per share)

Record date

Jan. 31, 2024 (Shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day following the record date)

Payment date

Feb. 21, 2024

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