Riyadh - Mubasher: The board of Saudi Cement Company recommended the distribution of cash dividends to shareholders for the second half of fiscal year 2016 at SAR 2.75 per share.

According to the company’s statement to the Saudi Stock Exchange on Wednesday, recommended dividends total SAR 420.75 million distributed over 153 million shares at 27.5% of par value.

The eligibility of dividends shall be for the shareholders registered in Tadawul securities depository at the closing of trading day of the general meeting, which is set to be held in March.