Riyadh – Mubasher: Yanbu Cement Company’s shareholders approved distributing cash dividends worth SAR 0.5 per share for the second half of 2018 during a general assembly meeting. 

The Saudi-based firm will pay SAR 78.75 million to its shareholders for H2-18, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Tuesday.

The eligibility of dividends shall be for registered shareholders in the register of the Securities Depository Center Company at the end of the second trading day following the date of the general assembly meeting.

It is worth noting that Yanbu’s current capital amounts to SAR 1.57 billion, divided into 157.5 million shares.