Amlak International's board mulls 8% of capital as 2022 dividends

Riyadh – Mubasher: The board of Amlak International Finance Company proposed cash dividends worth SAR 72.48 million, equivalent to 8% of its capital, for 2022.

The Tadawul-listed firm would pay out a dividend of SAR 0.80 per share for 90.60 million eligible shares, according to a bourse disclosure.

Meanwhile, the distribution date for the 2022 dividends will be announced at a later time.

The board members recommended the dividends during their meeting that was held on 16 March 2023.

Last year, Amlak International logged net profits worth SAR 96.72 million, lower by 10.24% than SAR 107.75 million in 2021.

Mubasher Contribution Time: 19-Mar-2023 12:18 (GMT)
Mubasher Last Update Time: 19-Mar-2023 12:20 (GMT)