Arabian Cement approves 10% dividend for H217

09/04/2018 Argaam

Arabian Cement Co.’s general assembly has approved a 10 percent cash dividend for the second half of 2017, at SAR 1 per share, amounting to SAR 100 million.

 

Cash Dividend Details (H2 2017)

Current Capital

SAR 1 bln

Number of shares

100 mln

Cash dividend

SAR 100 mln

Percent capital

10% (SAR 1 per share)

Record date

April 8, 2018

Payment date

April 26, 2018

Dividend for FY 2017

Total cash dividend*

SAR 400 mln

Percent of capital

40% (SAR 4 per share)

* Included cash dividend for H1 2017 and exceptional cash dividend of SAR 2 per share from retained earnings.                                                                                         

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