The board of Southern Province Cement Co. has recommended distributing a cash dividend at 22.5 percent of capital (SAR 2.25 a share) for the second half of 2016, the company said in a statement to Tadawul.
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Cash Dividend Details – H2 2016 |
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Current Capital |
SAR 1,400 million |
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Number of shares |
140 million shares |
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Total cash dividend for H2 2016 |
SAR 315 million |
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Percentage of capital |
22.5 percent (SAR 2.25 a share) |
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Record date |
General meeting date |
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Payment date |
To be announced later |
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Total Dividend for 2016 |
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Total dividend |
SAR 665 million |
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Percentage of capital |
47.5% (SAR 4.75 share) |
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