Tabuk Cement shareholders OK 2024-2026 dividend policy

Logo of Tabuk Cement Co.

Tabuk Cement Co.’s shareholders approved the company's dividend distribution policy for the years 2024, 2025, and 2026, during the ordinary general meeting (OGM) held on June 30.

In a statement to Tadawul, the company said shareholders also authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025.

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Tabuk Cement’s dividend distribution policy maintains a minimum dividend per share of SAR 0.25 semi-annually for 2024-2026, subject to the company's performance, profits, cash flows, or as deemed appropriate by the board, according to Argaam’s data