Arabian Cement approves 20% ‘exceptional’ cash dividend

04/12/2017 Argaam

Arabian Cement Co.’s general assembly on Sunday approved a 20 percent “exceptional” cash dividend to be issued at the rate of SAR 2 per share.

 

Cash Dividend Details

Current Capital

SAR 1 bln

Number of shares

100 mln

Cash dividend

SAR 200 mln

Percent capital

20% (SAR 2/share)

Record date

December 3, 2017

Payment day

December 19, 2017

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