City Cement approves 4% dividend for FY 2018
07/04/2019
Argaam
City Cement Co.’s shareholders have approved a 4 percent cash dividend for the fiscal year of 2018, during the general assembly meeting held on April 4, 2019.
Shareholders have also approved delegating the company’s board of directors to distribute dividend for the fiscal year 2019 on a quarterly or a semi-annual basis according the corporate law and the company’s financial position and cash flows.
|
Dividend Details (2018) |
|
|
Current Capital |
SAR 1.892 bln |
|
Number of shares |
189.2 mln |
|
Dividend |
SAR 75.68 mln |
|
Percentage of capital |
4% (SAR 0.4 per share) |
|
Record date |
April 4, 2019 |
|
Payment date |
April 16, 2019 |
Market Indices
TASI
10,542.23
(47.72)
(0.45 %)
Quotes
CITY CEMENT
10.05
(0.03)
(0.30%)
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