| SOL A | SOL B | |
| USD 89.50 -0.55% | USD 89.95 +0.00% | |
| 30-03-2023 (EoD Closing) | ||
Dividends
Upcoming Events
No Upcoming Events
Since inception, Solidere has distributed dividends in 13 out of its 28 years of operations for a total value of US$ 1.2 billion, out of an aggregate net income of US$ 1.5 billion. Solidere stands by its commitment to distribute dividends to shareholders depending on the level of profits and available liquidity after providing for capital expenditure towards infrastructure and real estate development projects.
AGM Resolutions - 2022
The Ordinary General Meeting of The Lebanese Company for the Development and Reconstruction of Beirut Central District, s.a.l. (Solidere) was held on October 7th, 2022 after the quorum was attained.
Below are the major resolutions taken:
- Approval of the company’s separate and consolidated financial statements for the fiscal year ending December 31, 2021
- Granting the Chairman and members of the Board of Directors as well as shareholders who own directly or indirectly voting rights exceeding 5%, the authorizations and licenses as stipulated in Articles 158 and 159 of the Code of Commerce regarding the contracts and agreements and commitments requiring such authorization.
Giving full discharge to the Chairman and members of the Board of Directors for the management of the company in the year 2021
Dividend History
| Declaration Date | Div./Share | Payment Date | Declared Dividends (USD) | Payout Ratio | Div. Yield* |
| 29-Jun-96 | 0.20 | 15-Jul-96 | 30,918,413 | 95.76% | 1.79% |
| 30-Jun-97 | 0.25 | 14-Jul-97 | 40,367,172 | 68.49% | 2.27% |
| 29-Jun-98 | 0.25 | 15-Jul-98 | 39,351,753 | 50.55% | 2.08% |
| 23-Jun-03 | Stock Dividend (1:40) | 21-Jul-03 | 19,625,550 | 47.70% | 2.50% |
| 12-Jun-06 | 0.60 | 15-Aug-06 | 94,831,106 | 87.38% | 2.66% |
| 22-Jun-07 | 1.00 | 14-Sep-07 | 155,093,702 | 117.35% | 6.32% |
| 7-Jul-08 | 1.00 | 29-Aug-08 | 155,090,832 | 69.18% | 2.71% |
| 13-Jul-09 | 1.15 | 29-Sep-09 | 176,479,957 | 96.59% | 4.90% |
| 19-Jul-10 | 1.15 | 15-Oct-10 | 175,228,434 | 92.61% | 5.48% |
| 1-Aug-11 | 0.40 Stock Dividend (1:30) | 31-Oct-11 | 60,912,291 85,987,850 | 75.14% | 5.71% |
| 30-Jul-12 | 0.25 Stock Dividend (1:50) | 15-Oct-12 | 39,316,239 42,744,616 | 51.68% | 3.83% |
| 13-Jul-15 | 0.10 Stock Dividend (1:50) | 12-Oct-15 | 16,015,415 36,859,996 | 46.50% | 2.84% |
| 27-Jun-16 | 0.10 Stock Dividend (1:80) | 3-Oct-16 | 16,302,491 19,070,295 | -40.56% | 2.32% |
| *Based on Declaration Date Share Price | |||||