Riyadh – Mubasher: Najran Cement shareholders endorsed on Tuesday the proposed distribution of cash dividends for the second half of 2015 at SAR 0.5 per share, or 5% of capital, at a total value reaching SAR 85 million.
H2 dividend payout will commence on 21 April, to shareholders of record on the ordinary general meeting date.
Shareholders also approved the cash dividends already distributed for H1-15 at SAR 0.50 per share, or 5% of capital, totalling SAR 85 million.
Accordingly, FY15 dividend payout totals SAR 170 million, or 10% of capital.
Meanwhile, the company’s extraordinary general meeting gave the green light for adding new activities to the company’s profile.
