Southern Cement approves 35% dividend for H2-2015

20/03/2016 Argaam

Southern Province Cement Co.’s shareholders approved a 35 percent cash dividend at SAR 3.5 per share for the second half of 2015, the company said in a bourse statement on Sunday.

 

Cash Dividend Details (H2-2015)

Current Capital

SAR 1,400 mln

Number of shares

140 mln

Cash dividend

SAR 490 mln

Percent capital

35% (SAR 3.5/share)

Record date

March 17, 2016

Payment day

April, 24, 2016

 

Dividend for FY 2015

Total cash dividend

SAR 840 mln

Percent of capital

60% (SAR 6/shares)

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