Saudi Cement Co.’s general assembly has approved a 17.5 percent cash dividend for the second half of 2017, at SAR 1.75 per share, amounting to SAR 267.75 million.
Shareholders also authorized the company’s board to distribute cash dividend for the fiscal year 2018 on a semi-annual or quarterly basis, the cement firm said in a bourse filing.
|
Cash Dividend Details (H2 2017) |
|
|
Current Capital |
SAR 1.530 bln |
|
Number of shares |
153 mln |
|
Cash dividend |
SAR 267.75 mln |
|
Percent capital |
17.5% (SAR 1.75 per share) |
|
Record date |
April 15, 2018 |
|
Payment date |
April 25, 2018 |
|
Dividend for FY 2017 |
|
|
Total cash dividend |
SAR 612 mln |
|
Percent of capital |
40% (SAR 4/share) |
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