‎Northern Cement board approves 2.5% cash dividend for 2023

‎Northern Cement board approves 2.5% cash dividend for 2023

21/03/2024
Argaam Exclusive

Northern Region Cement Co.’s board of directors approved today, March 21, paying a cash dividend at 2.5% of capital, or SAR 0.25 a share, for 2023, according to a Tadawul statement.

Cash Dividend Details (2023)

Current Capital

SAR 1.8 bln

Number of Shares

180 mln

Total Dividend

SAR 45 mln

Percentage of Capital

2.5% (SAR 0.25 a share)

Record Date

March 31, 2023 (Shareholders registered with Edaa on the second trading day after the record date)

Payment Date

April 24, 2024

Announcement
Ex-Dividend
Payment
Dividends (M Riyal)
Dividends *
Notes

21/03/2024

31/03/2024

24/04/2024

45.00

0.25

22/05/2023

31/05/2023

15/06/2023

45.00

0.25

03/10/2022

09/10/2022

23/10/2022

45.00

0.25

28/03/2022

10/04/2022

20/04/2022

45.00

0.25

04/08/2021

10/08/2021

24/08/2021

45.00

0.25

09/03/2021

14/03/2021

28/03/2021

45.00

0.25

30/08/2020

03/09/2020

27/09/2020

45.00

0.25

10/08/2016

14/08/2016

28/08/2016

81.00

0.45

26/01/2016

16/03/2016

14/04/2016

90.00

0.50

22/07/2015

30/07/2015

31/08/2015

108.00

0.60

Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

Consolidated cash dividend
Cash dividend per share (SAR)
* The stock price at the beginning of the period (SAR)
Return on the base price

Last 3 Financial years

1.25

11.96

10.45 %

Last 5 Financial years

1.75

8.30

21.08 %

Last 10 Financial years

5.20

23.25

22.37 %

Based on the beginning of the period (January 1 of the base year)

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