Yanbu Cement authorizes board to pay interim dividends for 2025

11/05/2025 Argaam
Yanbu Cement Co.headquarters

Yanbu Cement Co. headquarters

Yanbu Cement Co. shareholders approved authorizing the board of directors to distribute interim dividends semi-annually or quarterly for 2025 during the ordinary general meeting (OGM) held on May 8, according to a statement to Tadawul.

 

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The OGM also approved the appointment of Dr. Mohamed Al-Amri & Co. (BDO) as the company's external auditor based on the recommendation of the audit committee.

 

The auditor will examine, review, and audit the financial statements for the second, third, and fourth quarters, as well as the annual financials for 2025 and Q1 2026. The agreed audit fee is SAR 515,000.

 

According to data available on Argaam, the company distributed cash dividends of 12.5% of capital (SAR 1.25 per share) in 2024.

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