Hail Cement approves 5% cash dividend for H2-15

30/03/2016 Argaam

Hail Cement Company’s general assembly approved a proposal to pay shareholders a 5 percent cash dividend at SAR 0.50 per share for second half of 2015.

Cash Dividend Details (H2-2015)

Current Capital

SAR 979 mln

Number of shares

97.9 mln

Cash dividend

SAR 48.95 mln

Percent capital

5% (SAR 0.50/share)

Record date

March 29, 2016

Payment day

April 12, 2016

Dividend for FY-2015

Total cash dividend

SAR 107.69 mln

Percent of capital

11% (SAR 1.1/share)


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