Logo of Riyadh Cement Co.
Shareholders of Riyadh Cement Co. approved the board’s recommendation on a 7.5% cash dividend, or SAR 0.75 per share, for the second half of 2022, during the ordinary general meeting (OGM) held on May 3.
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Dividend Details (H2 2022) |
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Current Capital |
SAR 1.20 bln |
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Number of Shares |
120 mln |
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Total Dividend |
SAR 90 mln |
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Percentage of Capital |
7.5% (SAR 0.75 a share) |
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Record Date |
May 3, 2023 (Shareholders registered with Edaa by the close of the second trading day after the OGM date. |
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Date of Payment |
May 11, 2023 |
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Dividend Details (2022) |
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Total Dividend |
SAR 180 mln |
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Percentage of Capital |
15% (SAR 1.5 a share) |
In a statement to Tadawul, Riyadh Cement added that the board was also authorized to pay interim dividends on a semi-annual or quarterly basis for 2023.
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