The board of directors of Hail Cement Co. on Tuesday recommended a 4 percent cash dividend to be issued at the rate of SAR 0.4 per share for the second half of 2016.
This takes the total dividend for full year 2016 to SAR 0.90 per share.
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Cash Dividend Details (H2-2016) |
|
|
Current Capital |
SAR 979 mln |
|
Number of shares |
97.9 mln |
|
Cash dividend |
SAR 39.16 mln |
|
Percent capital |
4% (SAR 0.40/share) |
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Record date |
General assembly meeting- to be announced later |
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Payment day |
To be announced later |
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Dividend for FY 2016 |
|
|
Total cash dividend |
SAR 88.11 mln |
|
Percent of capital |
9% (SAR 0.90/share) |
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