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Southern Cement plans SAR 2.25/shr dividends

Southern Cement plans SAR 2.25/shr dividends
The recommended dividends stand at a total value of SAR 315 million
SPCC
3050
-3.43% 39.40 -1.40

Riyadh – Mubasher: Southern Province Cement Company’s board of directors has recommended the distribution of cash dividends to shareholders for 2019.

The recommended dividends stand at SAR 2.25 per share, or 22.5% of the share’s par value, at a total value of SAR 315 million, according to a statement to the Saudi Stock Exchange (Tadawul).

The number of eligible shares stands at 140 million shares.