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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