Riyadh - Mubasher: The board of Southern Province Cement Company has recommended the distribution of cash dividends to shareholders at SAR 1 per share, for the first half of 207.

According to the company’s statement to the Saudi Stock Exchange (Tadawul) on Monday, the proposed dividends represent 10% of the company’s capital with a total value of SAR 140 million distributed over 140 million shares.

The eligibility for the dividends will be to registered shareholders at the end of Monday 31 July session, while the date of the distribution is yet to be announced