City Cement Co.’s general assembly has approved a 4 percent cash dividend for the fiscal year 2017, at SAR 0.4 per share, amounting to SAR 75.68 million.
Shareholders have also delegated the board of directors to distribute semi-annually or quarterly cash dividend for the fiscal year 2018, in accordance with the company’s financial position, cash flows and strategic plans.
|
Cash Dividend Details (FY 2017) |
|
|
Current Capital |
SAR 1.892 bln |
|
Number of shares |
189.2 mln |
|
Cash dividend |
SAR 75.68 mln |
|
Percent capital |
4% (SAR 0.4 per share) |
|
Record date |
May 3, 2018 |
|
Payment date |
May 17, 2018 |
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