“Banan Properties distributes 2.5% cash dividend for the first half of 2021

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During its meeting yesterday, Wednesday, the Ordinary General Assembly of Banan Real Estate Company approved the distribution of interim cash dividends to shareholders at a rate of 2.5% (equivalent to 0.25 riyals per share) for the first half of the fiscal year 2021.

The company explained in a statement on “Tadawul” that the assembly also approved authorizing the board of directors to distribute interim profits on a semi-annual/quarterly basis for the fiscal year 2021.