City Cement recommends 4% cash dividend for 2017

28/03/2018 Argaam

 

City Cement Co.’s board of directors has recommended a 4 percent cash dividend, at SAR 0.40 a share, totaling SAR 75.68 million for 2017.

 

Shareholders of record on the general meeting date are entitled to receive dividend, the cement producer said in a bourse filing.

 

The dividend payment date will be announced later.

 

Cash Dividend Details (FY 2017)

Current Capital

SAR 1.892 bln

Number of shares

189.2 mln

Cash dividend

SAR 75.68 mln

Percent capital

4% (SAR 0.4 per share)

Record date

General assembly meeting

Payment date

To be determined

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