Riyadh – Mubasher: The board of Saudi Cement Company has recommended the distribution of cash dividends worth SAR 306 million, representing 20 % of the capital, for the second half (H2) of 2021.

The Saudi listed company will pay a dividend of SAR 2 per share for a total of 153 million eligible shares, according to a bourse filing.

 The eligibility and distribution dates will be announced later.

It is worth noting that in H1-21, Saudi Cement achieved net profits after Zakat and tax worth SAR 205.8 million, compared to SAR 224.2 million in H1-20.