Riyadh – Mubasher: The board of Al-Jouf Agricultural Development Company has recommended to pay out cash dividends, equivalent to 2.5% of the nominal value, for the second half (H1) of 2020.

The cash dividend distribution stands at SAR 0.25 per share, aggregating at an amount of SAR 7.5 million, according to the company's disclosure to the Saudi Stock Exchange (Tadawul) on Thursday.

The company will announce the distribution date later.

It is noteworthy to mention that in August, the board approved a cash dividends distribution of SAR 15 million to shareholders for the first half (H1) of 2020, equivalent to SAR 0.5 per share or 5% of the share’s par value.