Yamama Cement's BOD recommends 7.5% cash dividends (SAR 0.75/share) for Q3 2014

  • YC(2.50%)
19/11/2014 Argaam

The BOD of Yamama Cement Company recommended 7.5% cash dividends (SAR 0.75/share) for Q3 2014, in its meeting held on Tuesday November 18, 2014, as shown in the following table:
 

  Q3 cash dividends details

SAR 2025 mn

Current capital

202.5 mn shares

Number of shares

SAR 151.88 mn

  cash dividends

7.5% ( SAR 0.75/share)

% of capital

December 11, 2014

Record date

December 18, 2014 

Payment date

9 months dividends

SAR 455.7mn

Total dividends

22.5% ( SAR 2.25/share)

% of capital

 

According to data available on “Argaam”, the BOD of Yamama Cement approved in July 2014 to distribute quarterly dividends effective from Q3 of 2014.

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