Riyadh – Mubasher: The board of Yanbu Cement Company decided to distribute a cash dividend worth SAR 1 per share for the second half (H2) of 2021.
The cement firm will pay a total amount of SAR 157.5 million, representing 10% of the capital, for the eligible shareholders, according to a bourse filing on Sunday.
Yanbu Cement noted that the total number of shares that are eligible for the dividend payout is 157.5 million.
The eligibility and distribution dates will be on 13 and 30 December, respectively.
It is worth noting that during the first nine months (9M) of 2021, Yanbu Cement’s profits shrank to SAR 149.69 million from SAR 210.12 million in 9M-20.
