Riyadh Cement BOD recommends distributing SR90 mln cash dividends for H2

Riyadh Cement Company Board of Director’s recommended in BOD meeting held on Monday 19 December 2022 that based on their authorities and after review of financial situation of company and expected retained end of year 2022 to distribute cash dividends to its shareholders for the second half of 2022.
It explained that the number of shares entitled to dividends is 120 million shares, at SR0.75 per share.
According to the company’s statement, the date of eligibility and the date of distribution will be determined later after presenting the Board of Directors’ recommendation to the General Assembly at its next meeting for approval and approval.