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Saudi Cement Company announces the recommendation of cash payment of dividends to stockholders for second half of 2018

SAUDI CEMENT 3030 -6.89% 46.65 -3.45

Element List Explanation
Introduction The Board of Directors of Saudi Cement Company, during its meeting held on 01 Jamada II 1440 (6 February 2019), has recommended to the general assembly to distribute cash dividends to the shareholders for the Second Half of 2018 as per the following:
Board Resolution Date 2019-02-06 Corresponding to 1440-06-01
Total Amount of Dividend Distributed SAR 267.75 Million.
Number of eligible shares 153 Million shares.
Dividend per share SAR 1.75.
Percentage of Dividend to the share book value 17.5 %
Eligibility date Entitlement to dividends shall be to shareholders as of the day of the forthcoming General Assembly Meeting, as per the registers of the Securities Depository Center (Tadawul) at end of the second tadawul day following the entitlement day. The date of the forthcoming General Assembly Meeting will be announced later on.
Dividend distribution date Shall be announced later on.

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