Southern Province Cement Co. announces the board of director’s recommendation to distribute cash dividends for second half of the financial year 2024
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Southern province Cement Company recommended distribute cash dividends to company’s shareholders for the second half of the financial year 2024 as follows: |
| Date of the board’s recommendation | 2025-03-26 Corresponding to 1446-09-26 |
| The Total amount distributed | The total amount distributed is
98,000,000 SAR |
| Number of Shares Eligible for Dividends | Number of shares payable for dividends 140,000,000 shares |
| Dividend per share | Amount per share 0.70 SAR |
| Percentage of Dividend to the Share Par Value (%) | 7 |
| Eligibility date | The eligibility of profits to the shareholders of the company who own the shares at the end of the day of the next general assembly and who are registered in the company's shareholders ’register at the Edaa Center at the end of the second trading day following the maturity date. The date of the general assembly will be announced later after obtaining approval from the relevant authorities. |
| Distribution Date | The distribution date will be announced later. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | None |
| Additional Information | The company requests from all valued shareholders to update their data and to ensure that their bank account details are linked with their investment portfolios to ensure that their due dividends are deposited directly into their bank accounts. |
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