Thursday, 06th June 2024

Saudi Cement Co. announces the Company’s Board of Directors resolution to distribute cash dividends to shareholders for the First half of 2024.

Element List Explanation
Introduction The Board of Directors of Saudi Cement Company has resolved during its meeting held on 28 Thul-Qidah 1445 (05 June 2024), to distribute cash dividends to the shareholders for the first half of 2024 as to the following:
Date of the board’s decision 2024-06-05 Corresponding to 1445-11-28
The Total amount distributed 191.25 Million SAR
Number of Shares Eligible for Dividends 153,000,000
Dividend per share 1.25
Percentage of Dividend to the Share Par Value (%) 12.5
Eligibility date 2024-06-09 Corresponding to 1445-12-03
Distribution Date 2024-06-26 Corresponding to 1445-12-20
The name of other official authorities and the details of their non-refusal to the recommendation or decision NA
Additional Information The company requests from all valued shareholders to ensure that their data is updated with the custody member to ensure that their due dividends are deposited directly into their investment portfolios, where Payment of dividends shall commence through the Securities Depository Center (Idaa) which will transfer the dividends to the investment portfolios through the custody members, and direct pay through Riyad bank to shareholders without investment portfolios by presenting their national ID cards at counters of any Riyad Bank branches.