A look at Tabuk Cement’s financial performance in Q1 2024

Logo of Tabuk Cement Co.

Tabuk Cement Co.'s shareholders approved the board's recommendation to distribute a cash dividend at 2.5%, or SAR 0.25 a share, for 2023, during the extraordinary general meeting (EGM) held on June 26, according to a Tadawul statement.

 

Dividends Details (2023)

Current Capital

SAR 900 mln

No. of Shares

90 mln

Total Dividends

SAR 22.5 mln

Percentage of Payment

2.5% (SAR 0.25 a share)

Record Date

June 26, 2024 (Shareholders of record who are registered with Edaa by the close of second trading day following the record date)

Date of Payment

July 16, 2024
 

Shareholders also approved authorizing the board to pay interim dividends for 2024 on a semi-annual or quarterly basis, after amending Article 47 of the company's bylaws related to dividends.

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