Saudi Cement announces cash dividends for 1st Half 2016

25/05/2016 09:55 AST

The Board of Directors of Saudi Cement Company has resolved during its meeting held on 24/05/2016 (17/08/1437), to distribute interim dividends to the shareholders for the period first half of 2016 as following:



1.Total amount of distribution of dividend SAR 420.75 Millions

2.Dividend per share SAR 2.75

3.Dividend represent 27.5% of the Face value.

4.The eligibility of dividends shall be for the shareholders registered in the registers of the Securities Depository Center (Tadawul) at the close of market on Thursday 16/06/2016 (11/09/1437).

5.Details of dividend distribution date : Payment of dividends shall commence by Riyad Bank on Monday 27-06-2016 (22-09-1437) through direct transfer to stockholders bank accounts linked to their investment portfolios, and cash to stockholders without investment portfolios by presenting their national ID cards at counters of Riyad Bank branches.


Tadawul

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