Yanbu Cement approves SAR 197m dividends for H2-20

Riyadh – Mubasher: Yanbu Cement Company’s board of directors decided to distribute cash dividends of SAR 196.9 million to shareholders for the second half (H2) of 2020.

The approved amount is equivalent to SAR 1.25 per share and represents 12.5% of the share’s nominal value, according to a bourse disclosure on Sunday.

Eligibility of dividends will be to the shareholders on the maturity date scheduled on 28 February 2021, as per the registered shareholders in the register of the Securities Depository Center Company (Edaa) at the end of the second trading day following the due date.

The distribution date is 15 March 2021.

Mubasher Contribution Time: 13-Dec-2020 06:55 (GMT)
Mubasher Last Update Time: 13-Dec-2020 06:57 (GMT)