Thursday, 15th February 2024

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 2023.

Element List Explanation
Introduction The Board of Directors of Saudi Cement Company has recommended to the General Assembly during its meeting held on 26 Rajab 1445 (07 February 2024), to distribute cash dividends to the shareholders for the Second Half of 2023 as per the following:
Date of the board’s recommendation 2024-02-07 Corresponding to 1445-07-26
The Total amount distributed 153 Million riyals
Number of Shares Eligible for Dividends 153 Million shares
Dividend per share 1
Percentage of Dividend to the Share Par Value (%) 10 %
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
The name of other official authorities and the details of their non-refusal to the recommendation or decision Nothing
Additional Information The company requests from all valued shareholders to update their data and to ensure that their bank account details are linked with their investment portfolios to ensure that their due dividends are deposited directly into their bank accounts.