Southern Province Cement plans cash dividend for H2 2016

16/02/2017 Argaam

The board of Southern Province Cement Co. has recommended distributing a cash dividend at 22.5 percent of capital (SAR 2.25 a share) for the second half of 2016, the company said in a statement to Tadawul.

 

Cash Dividend Details – H2 2016

Current Capital

SAR 1,400 million

Number of shares

140 million shares

Total cash dividend for H2 2016

SAR 315 million

Percentage of capital

22.5 percent (SAR 2.25 a share)

Record date

General meeting date

Payment date

To be announced later

Total Dividend for 2016

Total dividend

SAR 665 million

Percentage of capital

47.5% (SAR 4.75 share)

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