Riyadh-Mubasher: The shareholders of Al Andalus Property gave the go-ahead on 30 May to the 5% dividend payout for 2015, according to a bourse statement.
The company will distribute a total of SAR 35 million.
The dividends will be payable to shareholders of record at the end of the ordinary general meeting day.
The company’s net profit rose by 8.4% to SAR 94.1 million in 2015, compared to SAR 86.81 million in 2014.