Riyadh-Mubasher: Makkah Construction and Development’s board has recommended distributing 25% cash dividends of the capital for the fiscal year ended 30 Rabi Al-Thani, 1437.
The company will pay SAR 2.5 per share to the shareholders, with an overall value worth SAR 412 million ($109.85 million).
Makkah’s full-year net income fell 5% to SAR 311 million, compared with SAR 327 million in 1436.