Arabian Cement recommends 10% dividend for H217

19/02/2018 Argaam

Arabian Cement Co.’s board of directors has recommended a 10 percent cash dividend for the second half of 2017, at SAR 1 per share, amounting to SAR 100 million.

 

Cash Dividend Details (H2 2017)

Current Capital

SAR 1 bln

Number of shares

100 mln

Cash dividend

SAR 100 mln

Percent capital

10% (SAR 1 per share)

Record date

General assembly meeting

Payment date

To be determined

Dividend for FY 2017

Total cash dividend

SAR 200 mln

Percent of capital

20% (SAR 2/share)

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