Riyadh Cement shareholders to vote on 10% cash dividend for H2 2020 on April 21

31/03/2021 Argaam

Riyadh Cement products

Riyadh Cement Co.'s shareholders are set to vote on the board's recommendation on distributing a 10% cash dividend for the second half of 2020, at SAR 1 per share, during the ordinary general meeting that will be held on April 21, 2021, the company said in a bourse statement today, March 31, 2021.

 

Dividend Details (H2 2020)

Current Capital 

SAR 1.2 bln

Number of shares

120 mln

Dividend

SAR 120 mln

Percentage of capital

10% (SAR 1 per share)

Record date

April 21, 2021 (Shareholders registered in the company’s register at the Securities Depository Center (Edaa) at the end of the second trading day following the general meeting date)

Payment date

To be set later
 

Total Dividend for 2020

Total Dividend

   SAR 210 mln

Percentage of capital 

   17.5% (SAR 1.75 a share)

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