Eastern Province Cement plans 15% dividend for FY16

14/02/2017 Argaam

Eastern Province Cement Co.’s board of directors on Tuesday recommended a 15 percent cash dividend to be issued at the rate of SAR 1.50 per share for fiscal year 2016.

 

Cash Dividend Details (2016)

Current capital

SAR 860 mln

Number of shares

86 mln

Cash dividend

SAR 129 mln

Percent capital

15% (SAR 1.50/share)

Record date

General assembly meeting- to be announced later

Payment day

To be announced later

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