Umm Al Qura Cement plans dividend for H1 2019

01/08/2019 Argaam

Umm Al Qura Cement Co.’s board of directors has recommended a 2.5 percent cash dividend for the first half of 2019, at SAR 0.25 per share, amounting to SAR 13.8 million.

 

The planned distribution is the first dividend to be issued since the company’s listing in Tadawul in June 2014, according to data compiled by Argaam.

 

Dividend Details (H1 2019)

Current Capital

SAR 550 mln

Number of shares

55 mln

Dividend

SAR 13.8 mln

Percentage of capital

2.5% (SAR 0.25 per share)

Record date

August 29, 2019

Payment date

September 16, 2019

 

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