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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