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. |