City Cement Co.’s board of directors on Tuesday recommended a 2.5 percent cash dividend to be issued at the rate of SAR 0.25 per share for the second half of 2016.
This takes the dividend for the full year to SAR 1 per share.
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Cash Dividend Details (H2-2016) |
|
|
Current Capital |
SAR 1.89 bln |
|
Number of shares |
189.2 mln |
|
Cash dividend |
SAR 47.3 mln |
|
Percent capital |
2.5% (SAR 0.25/share) |
|
Record date |
The general assembly day, determined later |
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Payment day |
To be determined later |
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Dividend for FY 2016 |
|
|
Total cash dividend |
SAR 189.2 mln |
|
Percent of capital |
10% (SAR 1/share) |
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