Saudi White Cement recommends 7.5% cash dividend for H1 2020

13/09/2020 Argaam

Saudi White Cement Co.'s board of directors recommended cash dividend payment at 7.5% of capital, or SAR 0.75 a share, for H1 2020, the company said in a bourse statement.

 

This is the first time for the company, which was listed on the Nomu - Parallel Market on Sept. 2, 2020, to pay dividend.

 

Dividend Details (H1 2020)

Current capital

SAR 1.2 bln

Number of shares

120 mln

Dividend

SAR 90 mln

Percentage of capital

7.5% (SAR 0.75/share)

Record date

Sept. 20, 2020 (including registered shareholders at the Securities Depository Center at the end of second trading day following due date.)

Payment day

Oct. 4, 2020

 

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