Yanbu Cement Co.'s (YCC) shareholders authorized the board of directors to pay interim dividend on a semi-annual basis for 2021, during the ordinary general meeting (OGM) held on May 27, 2021, according to a bourse filing.
Shareholders also approved the board and auditor reports, as well as financial statements for 2020.
They also approved appointing an external auditor to review the financial statements for Q2, Q3 and Q4 2021 and Q1 2022.
Shareholders also approved the remaining items on the meeting’s agenda.
Yanbu Cement distributed 22.5% cash dividends, at SAR 2.25 per share, for 2020, Argaam reported.
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