Yanbu Cement Co.’s general assembly has approved a 12.5 percent cash dividend for the second half of 2017, at SAR 1.25 per share, amounting to SAR 196.88 billion.
Shareholders also authorized the board to distribute cash dividend for the fiscal year 2018 on a semi-annual or quarterly basis, Yanbu Cement said in a bourse statement on Monday.
|
Cash Dividend Details (H2 2017) |
|
|
Current Capital |
SAR 1.575 bln |
|
Number of shares |
157.5 mln |
|
Cash dividend |
SAR 196.88 mln |
|
Percent capital |
12.5% (SAR 1.25 per share) |
|
Record date |
April 15, 2018 |
|
Payment date |
To be determined |
|
Dividend for FY 2017 |
|
|
Total cash dividend |
SAR 315.01 mln |
|
Percent of capital |
20% (SAR 2/share) |
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