Arabian Cement shareholders to vote on 15% dividend for H2 2021 on April 17

Arabian Cement Co.’s shareholders will vote on the board of directors' recommendation on a 15% cash dividend for the second half of 2021, at SAR 1.5 per share, amounting to SAR 150 million, during the ordinary general assembly meeting to be held on April 17, according to a bourse filing.

They will also vote to appoint an auditor to review financial statements for Q2, Q3, Q4 and 2022 and Q1 2023.

Shareholders will vote on authorizing the board of directors to disburse interim dividends quarterly or semi-annually for 2022.

The e-voting on agenda items will start from April 13 via Tadawulaty services.