Saudi's Najran Cement announces SAR 0.75/shr dividend for H1

Najran Cement has set the eligibility date as 3 October, while the distribution date will be announced later

  
A Saudi trader observes the stock market on monitors at Falcom stock exchange agency in Riyadh, Saudi Arabia February 7, 2018.

A Saudi trader observes the stock market on monitors at Falcom stock exchange agency in Riyadh, Saudi Arabia February 7, 2018.

REUTERS/Faisal Al Nasser
Riyadh – Najran Cement Company decided to distribute cash dividends worth a total of SAR 127.5 million for 170 million eligible shares for the first half (H1) of 2021.

The company will pay SAR 0.75 per share, which represents 7.5% of the share’s par value, to the entitled shareholders, according to a bourse filing on Wednesday.

Najran Cement has set the eligibility date as 3 October, while the distribution date will be announced later.

The company posted net profits worth SAR 93.45 million in H1-21.

Source: Mubasher

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