Alandalus Property Company announced that at its ordinary general assembly to be held on June 01, 2021, proposed Board’s recommendation to distribute dividends to shareholders for the fiscal year 2020 in the amount of SAR 35,000,000, i.e. SAR 0.50, representing 5% of the share nominal value. However, entitlement to dividends shall be to shareholders who are registered in the Company’s shareholders register at the Securities Depository Center Company upon the close of trading on the date of the Company's general assembly meeting, at the end of the second trading day following the date of the meeting.