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City Cement Co. announces the board of director’s decision to distribute cash dividends for second half of 2023
| Element List | Explanation |
|---|---|
| Introduction | City Cement Company announces the decision of the Board of Directors to distribute cash dividends to shareholders for the first half of 2022 and from retained earnings |
| Date of the board’s decision | 2024-02-14 Corresponding to 1445-08-04 |
| The Total amount distributed | 56,000,000 SAR |
| Number of Shares Eligible for Dividends | 140,000,000 |
| Dividend per share | 0.40 |
| Percentage of Dividend to the Share Par Value (%) | 4 % |
| Eligibility date | Provided that the eligibility of the shareholders who own the shares on the maturity date on Monday 19/02/2024 and are registered in the company's shareholders register at the Securities Depository Center for trading at the end of the second trading day following the due date. |
| Distribution Date | Monday 04/03/2024 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | N/A |
| Additional Information | The company also calls upon its shareholders to promptly update their data and ensure that bank account numbers are linked to the trading portfolios to ensure that their profits are deposited without delay. We would like to draw the attention of the non-resident foreign investors that the cash dividend distributed, which is transferred by the resident financial broker, is subject (when transferred or credited to the non-resident foreign investor’s bank account) to a withholding tax of 5%, in accordance with the provisions of Article 68 of the Income Tax Law and Article 63 of its Implementing Regulations. For inquiries: Tel: 0115284107 Email: Investors@citycement.sa |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 19.94
Net Change -0.2 (-0.99%)
Value Traded (Sar) 1,821,553.82
Volume Traded 91,349
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