Yamama Cement Co. announces the Board of Directors' recommendation to distribute cash dividends to the shareholders for the year 2023

Yamama Cement Co. announces the Board of Directors' recommendation to distribute cash dividends to the shareholders for the year 2023



12 February 2024 04:10 PM

YSCC

3020

9.47%

32.95

2.85

Element List

Explanation

Introduction

The Board of Directors of Yamama Cement Company recommended to the General Assembly, in its meeting on February 12, 2024, the distribution of cash dividends for the fiscal year 2023 as follows:

Date of the board’s recommendation

2024-02-12 Corresponding to 1445-08-02

The Total amount distributed

SAR 202,500 thousand

Number of Shares Eligible for Dividends

202,500 thousand Share

Dividend per share

SAR 1.00

Percentage of Dividend to the Share Par Value (%)

10 %

Eligibility date

Dividends will be paid to the shareholders who are registered in Tadawul at the end of the second trading day following the General Assembly Meeting. Date of the General Assembly Meeting will be fixed after obtaining the approval from the related government agencies.

Distribution Date

The dividend payment date will be determined after the company's general assembly approves this recommendation.

The name of other official authorities and the details of their non-refusal to the recommendation or decision

None

Additional Information

For non-resident investors, cash dividends that are transferred through