The Saudi Cement Company’s board of directors has recommended the distribution of a cash dividend to the company’s shareholders in the second half of 2025, a measure that reflects the company’s strength in financial position and the continuation of its approach to rewarding shareholders.
Total distribution: 122.4 million riyals
Saudi Cement said in a statement published in Tadawul Saudi Today that the total proposed dividend is 122.4 million riyals, to be distributed on 153 million eligible shares at 0.8 riyals per share, equivalent to 8% of the nominal value of the shares.
The right to benefit … is associated with the holding of an association
It indicated that eligible for the dividend are the shareholders of “Saudi Cement” who own shares as of the end of the day of the next general meeting and are registered in the corporate records of the Securities Depository Center Company at the end of the second trading day after the date of the general meeting.
He said the date of the general meeting will be announced at a later date after the necessary approvals from the competent authorities are completed.
Payment date will be determined later
Saudi Cement confirmed that the dividend distribution date will be announced at a later date and stressed that no other public entity has to object in order to complete the distribution procedure.
The Saudi Cement Company’s Board of Directors has recommended the distribution of a cash dividend to the company’s shareholders in the second half of 2025, a measure that reflects the company’s strength in financial position and continued approach to rewarding shareholders.
Total distribution amount is 122.4 million riyals
In a statement on Tadawul today, Saudi Cement said the total proposed distribution would be SR122.4 million, distributed over 153 million eligible shares at the rate of SR0.8 per share, equivalent to 8% of the nominal value of the shares.
Eligibility for dividends…linked to convening of parliament
Eligibility for the dividend is disclosed by Saudi Cement shareholders who own shares by the end of the day of the next general meeting and who are registered in the company’s records at the Securities Depository Center by the end of the second trading day after the date of the general meeting.
It also stated that the date of the general meeting will be announced at a later date after the necessary approvals from the relevant authorities are completed.
Distribution date will be determined at a later date
Saudi Cement confirmed that the dividend distribution date will be announced at a later date and stressed that no other public entity needs to obtain a contrary consent to complete the distribution procedure.
