Element List |
Explanation |
Introduction |
The Board of Directors of Saudi Cement Company has resolved during its meeting held on 24 Ramadan 1440 (29 May 2019), to distribute interim cash dividends to the shareholders as to the following: |
Board Resolution Date |
2019-05-29 Corresponding to 1440-09-24 |
Total Amount of Dividend Distributed |
SAR 229.50 Million |
Number of eligible shares |
153 Million Shares |
Dividend per share |
SAR 1.50 |
Percentage of Dividend to the share book value |
15 % |
Eligibility date |
Entitlement to dividends shall be to shareholders at the close of market on Wednesday 09 Shawwal 1440 (12 June 2019), and as per the registers of the Securities Depository Center (Tadawul) at end of the second trading day following the entitlement day. |
Dividend distribution date |
Payment of dividends shall commence by Riyad Bank on Tuesday 29 Shawwal 1440 (2 July 2019), through direct transfer to shareholders bank accounts linked to their investment portfolios, and direct pay to shareholders without investment portfolios by presenting their national ID cards at counters of any Riyad Bank branches. |
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