Wednesday, 08th February 2017

Saudi Cement Company announces recommendation from the board of directors to distribute cash dividends to stockholders for second half 2016.

1438/05/11  8/02/2017 15:51:22

The Board of Directors of Saudi Cement Company has recommended during its meeting held on 08/02/2017 (11/05/1438) distribution of cash dividends to stockholders for the second half of financial year 2016 as follows:
1.Total amount of distribution SAR 420.75 Million.
2.Number of shares eligible for dividends 153 Million shares.
3.Divided per share SAR 2.75.
4.Percentage of distribution to nominal share value 27.5%.
5.The eligibility of dividends shall be for the shareholders registered in the registers of the Securities Depository Center company on the date of the forthcoming Annual General Assembly meeting expected to be held during March 2017, and which shall be announced later on.
6.Details of dividend distribution date : shall be announced later on.