Southern Cement recommends 5% dividend

07/03/2018 Argaam

Southern Province Cement Co.’s board of directors has recommended a five percent cash dividend for the second half of 2017 (SAR 0.5 per share), making up a total payout of SAR 70 million.

 

Dividend Details (H2 2017)

Current Capital

SAR 1.4 bln

Shares Outstanding

140 mln

Cash dividend

SAR 70 mln

Percent of capital

5% (SAR 0.5 per share)

Record date

General assembly meeting

Payment date

To be determined

Dividend for FY 2017

Total Dividend

SAR 210 mln

Percent of capital

15% (SAR 1.5/share)

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