Yanbu Cement Announces SAR 78.7 Million Cash Dividend for H2 2024

Yanbu Cement Company announced that its Board of Directors has approved the distribution of SAR 78.7 million in cash dividends to shareholders for the second half of the 2024 financial year. This represents a 5% dividend on the share par value.

The dividend, amounting to SAR 0.5 per share, will be distributed across 157.5 million shares. Shareholders eligible for the distribution are those holding shares on December 9, 2024, with payments scheduled to begin on December 30, 2024.

The company urges shareholders to update their bank details and ensure their account numbers are linked to their investment portfolios to enable seamless dividend deposits.