Riyadh-Mubasher: Yamama Cement Co. said its board recommended cash dividends for the fourth quarter of 2015 at 7.5% of the stock's par value, or SAR 0.75 a share, totalling SAR 152 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 Saudi cement producer made net profits of SAR 180 million in the fourth quarter of 2015, growing 18.4% year-on-year from SAR 152 million in the year-earlier period.
