Saudi Cement Company announces payment of interim dividends to stockholders for first half of 2017
The Board of Directors of Saudi Cement Company has resolved during its meeting held on 24/05/2017 (28/08/1438), to distribute interim dividends to the shareholders as to the following:
1.Period of Distribution first half of 2017.
2.Total amount of distribution is SAR 344.25 Million.
3.Total Number of shares entitled for dividend 153 Million shares.
4.Dividend per share is SAR 2.25.
5.Percentage of distribution to nominal share value is 22.5%.
6.Entitlement to dividends shall be to shareholders at the close of market on Tuesday 06/06/2017 (11/09/1438) and as per the registers of the Securities Depository Center (Tadawul) at end of the second tadawul day following the entitlement day.
7.Payment of dividends shall commence by Riyad Bank on Tuesday 20/06/2017 (25/09/1438) through direct transfer to stockholders bank accounts linked to their investment portfolios, and direct pay to stockholders without investment portfolios by presenting their national ID cards at counters of any Riyad Bank branches.
The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.