Najran Cement plans 6% dividend for H1-16

11/05/2016 Argaam

Najran Cement Co.’s board of directors recommended the distribution of a 6 percent cash dividend at the rate of SAR 0.60 per share for the first half of 2016, the company said in a statement to Tadawul on Wednesday.

 

Cash Dividend Details (H1-2016)

Current Capital

SAR 1700 mln

Number of shares

170 mln

Cash dividend

SAR 102 mln

Percent capital

6% (SAR 0.60/share)

Record date

May 19, 2016

Payment day

To be determined

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