Wednesday, 08th November 2023

Saudi Cement Co. announces the distribution of cash dividend for First half of 2023.

Element List Explanation
Introduction The Board of Directors of Saudi Cement Company has resolved during its meeting held on 18 Thul-Qidah 1444 (07 June 2023), to distribute interim cash dividends to the shareholders for the first half of 2023 as to the following:
Date of the board’s decision 2023-06-07 Corresponding to 1444-11-18
The Total amount distributed SAR 229.50 Million
Number of Shares Eligible for Dividends 153 Million Shares
Dividend per share SAR 1.5
Percentage of Dividend to the Share Par Value (%) 15 %
Eligibility date The eligibility of Cash dividend shall be to shareholders who own the Company shares at the close of trading on Sunday 22 Thul-Qidah 1444 (11 June 2023), and registered in the Company’s register at Securities Depository Center Company (Edaa) by the end of the second trading day following the eligibility date.
Distribution Date Payment of dividends shall commence by Riyad Bank on Wednesday 02 Thul-Hijjah 1444 (20 June 2023), through direct transfer to shareholders bank accounts linked to their investment portfolios, and direct pay to shareholders without investment portfolios by presenting their national ID cards at counters of any Riyad Bank branches.
Additional Information The company requests from all valued shareholders to update their data and to ensure that their bank account numbers are linked with their investment portfolios to ensure that their due dividends are deposited directly into their bank accounts.