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Riyadh Cement to pay SAR 120m dividends for H2-20

Riyadh Cement to pay SAR 120m dividends for H2-20
Riyadh Cement is paying SAR 1 per share as cash dividend
RIYADH CEMENT
9512
0.15% 32.50 0.05

Riyadh – Mubasher: Riyadh Cement Company is paying SAR 1 per share as cash dividend for the second half (H2) of 2020, according to a bourse filing to Tadawul on Thursday.

The company will pay a total of SAR 120 million for H2-20 that represents 10% of the capital.

Adding to the SAR 1.75 a share dividend paid for the first half (H1) of 2020, Riyadh Cement is distributing a total of SAR 2021 million as cash dividends for the full year 2020.

The company achieved a net profit after Zakat and tax of SAR 220 million last year, up by 16% from SAR 190.03 million in 2019.