Alandalus Property Company announced that at its held Ordinary General Assembly, the company approved the Board of Directors' recommendation on the dividend distribution to shareholders for the fiscal year ended December 31, 2019 of a total value of SAR 70 million, i.e. SAR 1 per share, which represents 10% of the capital. The number of dividend eligible shares is 70,000,000. Dividends will be payable to shareholders at the close of trading on the Company's Shareholders General Meeting day who are registered in the Company's shareholders register at the Depository Center at the end of the second trading day following the date of the General Meeting. Dividends will be transferred to the accounts linked with the respective portfolios of eligible shareholders by 10 June 2020 through the National Commercial Bank and approved the payment of SAR 2,422,000 as bonus to the directors for the fiscal year ending on December 31, 2019.