Northern Cement to withhold dividend for FY 2018

22/04/2019 Argaam

 

Shareholders of Northern Region Cement Co. have approved the board of directors' recommendation to hold off on issuing a cash dividend for fiscal year 2018, the company said in a bourse filing on Monday.

 

In March, the board of directors recommended withholding cash dividends for fiscal year 2018 in order to support the company’s future activities and boost its solvency margin.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read