Southern Cement to vote on dividend for H2 2018 on April 18

19/03/2019 Argaam

Southern Province Cement Co.’s shareholders are set to vote on a 10 percent cash dividend for the second half of 2018, during the general assembly meeting that will be held on April 18, 2019

Dividend Details (H2 2018)

Current Capital

SAR 1.4 bln

Number of shares

140 mln

Dividend

SAR 140 mln

Percentage of capital

10% (SAR 1 per share)

Record date

April 18, 2019

Payment date

May 1, 2019

Dividend for FY 2018

Total dividend

SAR 280 mln

Percentage of capital

20% (SAR 2/share)


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