Southern Cement plans 10% dividend for H2 2018

07/03/2019 Argaam

Southern Province Cement Co.’s board of directors has recommended a 10 percent cash dividend for the second half of 2018, at SAR 1 per share, amounting to SAR 140 million.

 

Dividend Details (H2 2018)

Current Capital

SAR 1.4 bln

Number of shares

140 mln

Dividend

SAR 140 mln

Percentage of capital

10% (SAR 1 per share)

Record date

The upcoming general assembly meeting date

Payment date

To be announced later on

Dividend Details (FY 2018)

Total dividend

SAR 280 mln

Percentage of capital

20% (SAR 2 per share)

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