Riyadh – Mubasher: Saudi Real Estate Company (Akaria) said Wednesday that it will start distributing cash dividends of 50 halalas per share (5% of the stock’s par value) for the first half of the fiscal year 2016 as of 21 August through the National Commercial Bank (NCB).
The dividend eligibility will be for shareholders registered till 3 August, according to a bourse filing.
The company earlier posted a net profit of SAR 18.97 million for the second quarter of fiscal 2016, versus SAR 36.72 million for Q2-15.
