Shares of Saudi Ceramic Co. have their ex-dividend today, Aug. 1.
The board of directors recommended a 7.5% cash dividend, at SAR 0.75 a share, for the first half of 2021.
The Tadawul-listed firm will start paying H1 2021 cash dividend as of Aug. 15.
According to data compiled by Argaam, the cash dividend by Saudi Ceramic is the first distribution since 2016. During this period, the company increased the capital through bonus shares in 2018 and 2021.
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