Saudi Cement Company’s (Saudi Cement) board of directors has recommended a 17.5 percent cash dividend for the second half of 2017, at SAR 1.75 per share, amounting to SAR 267.75 million.
The company had paid a dividend of SAR 5.5 per share for fiscal year 2016 and SAR 6.0 per share for FY2015, according to data compiled by Argaam.
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Cash Dividend Details |
|
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Current capital |
SAR 1.53 bln |
|
Number of shares |
153 mln |
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Cash dividend |
SAR 267.75 mln |
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Percent capital |
17.5% (SAR 1.75 per unit) |
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Record date |
General assembly meeting |
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Payment date |
To be announced |
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