The total value of the distributed amount is 110 million riyals
The Saudi Arabian Cement Company announced the recommendation of the Board of Directors to distribute dividends to shareholders for the second half of 2022, at a rate of 11%, to the nominal share value.
The total value of the distributed amount is 110 million riyals, distributed over 100 million shares.
The share per share from the distribution is 1.10 riyals.
“Arabian Cement” said that the eligibility of the cash dividends will be for the shareholders who own the shares on the due day and are registered in the company’s shareholder register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the day of the company’s general assembly, which will be announced later.