Riyadh-Mubasher: Northern Region Cement said its board recommended cash dividends for the second half of 2015 at 5% of the stock's par value, or SAR 0.50 a share, totalling SAR 90 million.
The dividend eligibility is for shareholders of record on the general meeting date.
The dates of meeting and payment will be announced later.
The cement producer reported an increase of 53.46% in Q4-15 net profits to SAR 39.61 million, compared with SAR 25.81 million in the similar period of the previous year.
