Riyadh – Mubasher: The board of directors of Dur Hospitality Co. recommended SAR 0.45 dividends per share for the second half of 2016.
The company proposed the distribution of a total amount of SAR 45 million, representing 4.5% of the stock’s par value, according to a burse filing on Tuesday.
Shareholders of record date until the end of the general assembly’s meeting would be entitled to the dividends distribution, noting that the date of distribution would be determined later on
Dur Hospitality is capitalized at SAR 1 billion, distributed across 100 million issued shares at SAR 10 par value each.
