Riyadh –  The board of the Northern Region Cement Company has recommended paying out cash dividends equivalent to 2.5% of the capital for the first half (H1) of 2020.

The cash dividends will be distributed at SAR 0.25 per share, with a total amount of SAR 45 million, according to the company's disclosure to the Saudi Stock Exchange (Tadawul) on Sunday.

It is noteworthy to mention that during the second quarter (Q2) of 2020, the company's profits declined by 0.16% to SAR 14.042 million, compared to SAR 14.065 million in the year-ago period.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2020 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.