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Riyadh - Mubasher: Yanbu Cement’s (YCC) board of directors called upon shareholders to hold an ordinary general meeting on 3 April to approve the proposed dividends for the second half of 2015 at SAR 3.5 per share or 35% of capital.
According to a statement posted by Tadawul website, shareholders of record on the OGM date will be entitled to receive the dividends. The date of dividends distribution will be announced later.
YCC stated that shareholders will vote on distributing SAR2.2 million annual bonus for board members at SAR200,000 each.