The board of Arabian Cement Co. has proposed a 20 percent cash dividend (SAR 2 per share) for the second half of 2016, the company said in a statement to Tadawul Sunday.
This takes the total dividend for fiscal year 2016 to SAR 4 / share.
|
Cash Dividend Details (H2-2016) |
|
|
Current capital |
SAR 1,000 mln |
|
Number of shares |
100 mln |
|
Cash dividend |
SAR 200 mln |
|
Percent capital |
20% (SAR 2/share) |
|
Record date |
General assembly (To be announced) |
|
Payment day |
To be announced |
|
Dividend for FY 2016 |
|
|
Total cash dividend |
SAR 400 mln |
|
Percent of capital |
40% (SAR 4/share) |
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