Hail Cement shareholders Oks delegating board to distribute interim dividends for 2024

28/03/2024 Argaam
Hail Cement plant

Hail Cement plant

Hail Cement Co.’s shareholders approved delegating the board of directors to distribute interim dividends semi-annually or quarterly for 2024 during the ordinary general meeting (OGM) held on March 27.

 

The OGM approved all items on the agenda, the company said in a statement  to Tadawul.

 

According to data available on Argaam, Hail Cement distributed SAR 117.64 million cash dividend for 2023, at 12.1% of the capital, or SAR 1.22 a share, quarterly.

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