The Board of Directors of Yanbu Cement Company approved the distribution of cash dividends to shareholders for the second half of the fiscal year 2021, with a total of about 157.5 million riyals.

According to Arabiya Net, Yanbu Cement said in a statement on the Saudi Tadawul that the number of shares entitled to dividends is about 157.5 million shares, with one riyal per share, with a distribution ratio to the nominal value of the share. 10%.

And she added that the eligibility for dividends is for the shareholders who own shares on the due date on Monday, December 13, 2021 who are registered in the shareholder register issued by the Securities Depository Center Company at the end of the second trading day The due date follows.

The distribution date will be December 30, 2021.

Yanbu Cement Company had announced the Board of Directors' decision to distribute cash dividends to shareholders for the first half of the fiscal year 2021, amounting to 196.87 million riyals.

The dividend per share amounted to 1.25 riyals, with a distribution ratio of 12.5% ​​to the nominal value of the share.