Southern Province Cement Company announces the Board of Directors ’recommendation to distribute cash dividends to shareholders for the second half of the fiscal year 2020 AD

ELEMENT LIST EXPLANATION
Introduction The Board of Directors of Southern Province Cement Company recommended distributing cash dividends to the shareholders of the company as follows
Date of the board’s decision 2021-03-03 Corresponding to 1442-07-19
The Total amount distributed The total amount distributed is 350.000.000 SAR
Number of Shares Eligible for Dividends Number of shares payable for dividends 140,000,000 shares
Dividend per share Amount per share 2.5 riyal
Percentage of Dividend to the Share Par Value (%) 25.0 %
Eligibility date The eligibility of profits to the shareholders of the company who own the shares at the end of the day of the next general assembly and who are registered in the company’s shareholders ’register at the Edaa Center at the end of the second trading day following the maturity date. The date of the general assembly will be announced later after obtaining approval from the relevant authorities
Distribution Date The distribution date will be announced later