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Riyadh Cement to pay 96M riyals in H1 2026
Al Yamama Cement Company announced that its Board of Directors has decided to distribute cash dividends totaling 96 million SAR for the first half of 2026. These dividends will be distributed across 120 million shares, with a dividend of 0.80 SAR per share, equivalent to 8% of the nominal value of the share. The dividend distribution process will commence on September 28, 2026, and shareholders are entitled to receive the dividends if they hold the shares by September 13, 2026. The company has also called on shareholders to update their bank account information to ensure proper deposit of the dividends, noting that dividends transferred to non-residents are subject to a withholding tax of 5%.
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