Arabian Cement proposes 20% ‘exceptional’ cash dividend in 2017

25/09/2017 Argaam

Arabian Cement Co.’s board of directors recommended a 20 percent “exceptional” cash dividend to be issued at the rate of SAR 2 per share from retained earnings of the fiscal year 2017.

 

Cash Dividend Details (2017)

Current Capital

SAR 1 bln

Number of shares

100 mln

Cash dividend

SAR 200 mln

Percent capital

20% (SAR 2/share)

Record date

During Q4 2017, to be announced

Payment day

To be announced

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