The board of directors of the Northern Region Cement Company recommended, in its meeting held last Thursday, to distribute cash dividends to the shareholders of the company for the second half of 2020.
The company said in a statement to the Saudi Market (Tadawul) today, Sunday, that the Board of Directors recommended distributing 2.5% cash dividends for that period at 0.25 riyals per share, with a total value of 45 One million riyals
and the company clarified that the eligibility date is on Thursday, corresponding to September 3, 2020, provided that the eligibility for the shareholders who own the shares on the date of entitlement are registered in the company's shareholders register at the Depository Center at the end of the second A trading day following the maturity date.
As for the date of distribution, the company has set it on Thursday, September 24, 2020, provided that the direct transfer of bank accounts related to the investment portfolios of the shareholders is made.
The company's profits rose 40.8% in the first half of this year, to reach 41.66 million riyals, compared to 29.58 million riyals for the same period of 2019. < / p>
(Amazon Fun Knowledge)
