Wednesday, 07th February 2018

Saudi Cement Company announces the recommendation of cash payment of dividends to stockholders for second half of 2017.

1439/05/21 Wed Feb 7, 2018 15:47:37

The Board of Directors of Saudi Cement Company has recommended during its meeting held on 21 Jamada I 1439 (7 February 2018), to distribute cash dividends to the shareholders for the Second Half of 2017 as per the following:

  • Total amount of distribution is SAR 267.75 Million.
  • Total Number of shares entitled for dividend 153 Million shares.
  • Dividend per share is SAR 1.75.
  • Percentage of distribution to nominal share value is 17.5%.
  • Entitlement to dividends shall be to shareholders as of the day of the forthcoming General Assembly Meeting, as per the registers of the Securities Depository Center (Tadawul) at end of the second Tadawul day following the entitlement day. The date of the forthcoming General Assembly Meeting will be announced later on.
  • Details of dividend distribution date : shall be announced later on.

Click Here to review the announcement in Tadawul’s website.