Reuters logo
Saudi Cement proposes H2 2016 cash dividend of 2.75 riyals/share
February 8, 2017 / 1:04 PM / 8 months ago

Saudi Cement proposes H2 2016 cash dividend of 2.75 riyals/share

DUBAI, Feb 8 (Reuters) - Saudi Cement’s board has proposed paying a cash dividend of 2.75 riyals ($0.73) per share for the second half of 2016, the company said on Wednesday.

This compares with a proposed dividend of 3 riyals per share for the prior-year period.

Saudi Cement, one of the kingdom’s largest cement firms by market value, last month reported a 6.3 percent increase in fourth-quarter net profit. ($1 = 3.7503 riyals) (Reporting By Tom Arnold, editing by David Evans)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below