Riyadh-Mubasher: Najran Cement said its ordinary general meeting will be held on 29 March, to vote on cash dividends for the second half of 2015 at 5% of capital, totalling SAR 85 million.
Shareholders of record on the general meeting date will be entitled to the dividends.
Shareholders will also review the board and auditor's reports as well as financial statements for 2015.
The company operates with SAR 1.7 billion in capital, divided into 170 million shares at a par value of SAR 10 each.
FY15 net earnings reached SAR 54 million, falling 16% compared with SAR 64 million a year earlier.
The stock closed Wednesday 1.6% higher at SAR 12.76.
