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Riyadh Cement to pay SAR 120m dividends for H1

Riyadh Cement to pay SAR 120m dividends for H1
The eligibility date will be 16 September
RIYADH CEMENT
3092
-1.01% 31.44 -0.32

Riyadh – Mubasher: Riyadh Cement Company decided to distribute a cash dividend of SAR 1 per share, representing 10% of the share’s par value, for the first half (H1) of 2021.

The total value of the dividends will stand at SAR 120 million for 120 million eligible shares, according to a bourse disclosure on Wednesday.

The eligibility date will be 16 September, while the distribution of the dividends will be on 3 October.

Riyadh Cement recently announced a net profit of SAR 160.38 million in H1-21.