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Arabian Cement’s board proposes SAR 200m dividends for H1

Arabian Cement’s board proposes SAR 200m dividends for H1
Arabian Cement’s board proposes SAR 200m dividends for H1-16- (Photo Credit: Arabianeye-Reuters)
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Riyadh – Mubasher: Arabian Cement Company’s board recommended Tuesday distributing cash dividends to shareholders for the first six-month of 2016 worth SAR 2 per share, representing 20% of the stock’s par value, and totalling SAR 200 million.

Registered shareholders at the end of trading on Thursday, 21 July will be entitled to receive the dividends starting from 25 August, according to a bourse filing.