The board of directors of Yanbu Cement Co. on Sunday recommended a 20 percent cash dividend to be issued at the rate of SAR 2 per share for the second half of 2016.
This takes the total dividend for full year 2016 to SAR 3 per share.
|
Cash Dividend Details (H2-2016) |
|
|
Current Capital |
SAR 1.57 bln |
|
Number of shares |
157.5 mln |
|
Cash dividend |
SAR 315 mln |
|
Percent capital |
20% (SAR 2/share) |
|
Record date |
General assembly day- to be announced later |
|
Payment day |
To be announced later |
|
Dividend for FY 2016 |
|
|
Total cash dividend |
SAR 472.50 mln |
|
Percent of capital |
30% (SAR 3/share) |
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