Yanbu Cement Co.’s board of directors recommended paying cash dividend at 7.5 percent, or SAR 0.75 a share, totaling around SAR 118.13 million for H1 2019, the firm said in a bourse statement.
The dividend will be paid from capital and retained earnings.
|
Dividend Details (H1 2019) |
|
|
Current Capital |
SAR 1.575 bln |
|
Number of shares |
157.5 mln |
|
Dividend |
SAR 118.13 mln |
|
Percentage of capital |
7.5% (SAR 0.75 per share) |
|
Record date |
Oct. 30, 2019 |
|
Payment date |
To be determined |
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