Yamama Cement Company’s board of directors recommended in its meeting on Tuesday a 7.5 percent cash dividend to be issued at SAR 0.75 per share for first quarter 2015.
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Capital Raise Details |
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SAR 4,000 mln |
Current capital |
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400 mln shares |
Number of shares |
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25% ( one share for every 4 shares) |
Capital raise percentage |
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SAR 5,000 mln |
New capital |
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500 mln shares |
Number of Shares after raise |
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Cash Dividend Details |
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SAR 200 mln |
Cash dividend |
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5% ( SAR 0.5/share) |
Percent of capital |
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April 14, 2015 |
Record date |
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