Wednesday, 01st February 2023

Saudi Cement Company announces the Board of Directors recommendation to the General Assembly to distribute cash dividends to the shareholders of the company for the Second Half of 2022.

ELEMENT LIST Explanation
Introduction The Board of Directors of Saudi Cement Company has recommended to the General Assembly during its meeting held on 10 Rajab 1444 (01 February 2023), to distribute cash dividends to the shareholders for the Second Half of 2022 as per the following:
Date of the board’s decision 2023-02-01 Corresponding to 1444-07-10
The Total amount distributed 267,750,000
Number of Shares Eligible for Dividends 153 Million shares
Dividend per share SAR 1.75
Percentage of Dividend to the Share Par Value (%) 17.5 %
Eligibility date The eligibility of Cash dividend will be to Shareholders who own the company shares at the end of the day of the next general assembly who are registered at the Securities Depository Center Company (Edaa) by the end of the second trading day following the day of the General Assembly of the company. The date of the forthcoming General Assembly Meeting will be announced later.
Distribution Date shall be announced later on.
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.