Saudi White Cement Co.'s board of directors recommended cash dividend payment at 7.5% of capital, or SAR 0.75 a share, for H1 2020, the company said in a bourse statement.
This is the first time for the company, which was listed on the Nomu - Parallel Market on Sept. 2, 2020, to pay dividend.
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Dividend Details (H1 2020) |
|
|
Current capital |
SAR 1.2 bln |
|
Number of shares |
120 mln |
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Dividend |
SAR 90 mln |
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Percentage of capital |
7.5% (SAR 0.75/share) |
|
Record date |
Sept. 20, 2020 (including registered shareholders at the Securities Depository Center at the end of second trading day following due date.) |
|
Payment day |
Oct. 4, 2020 |
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