City Cement BOD distributes SR56 mln cash dividends for H1

City Cement Company announced on Thursday the decision of the Board of Directors to distribute SR56 million in cash dividends to shareholders for the first half of 2022 and from the balance of retained earnings, equivalent to 4% of the nominal value of the share.
The company explained that the number of shares entitled to dividends is 140 million shares, at SR0.40 per share, provided that the eligibility of the shareholders who own the shares on the maturity date on Monday 12/09/2022 and are registered in the company’s shareholders register at the Securities Depository Centre for trading at the end of the second trading day …