Eastern Province Cement Declares SAR 0.60 Per Share H1 Dividend
Eastern Province Cement Co. declared a cash dividend of SAR 0.60 per share for the first half of 2026, with a total payout of SAR 51.6 million. The dividend represents 6% of the par value. Shareholders of record as of August 2, 2026 will receive the payment on August 20, 2026.
Key Numbers
Eastern Province Cement Co. (Tadawul: 3080) announced that its board of directors has approved a cash dividend distribution for the first half of 2026, totaling SAR 51.6 million, at SAR 0.60 per share, representing 6% of the share's par value.
Dividend Details
| Item | Value |
|---|---|
| Total Dividend | SAR 51.6 million |
| Eligible Shares | 86 million |
| Dividend Per Share | SAR 0.60 |
| Payout Ratio (of par) | 6% |
| Eligibility Date | August 2, 2026 |
| Payment Date | August 20, 2026 |
Key Highlights
The company stated that dividends will be distributed to shareholders registered with the Securities Depository Center (Edaa) by the end of trading on August 2, 2026. No additional details on H1 financial results or year-over-year comparisons were provided.
Impact on the Stock
The dividend announcement is likely to be viewed positively by income-focused investors, especially given the consistency with prior payouts. However, the stock's performance will ultimately depend on the company's operational results and cement prices.
What This Means for Investors
Regular cash dividends indicate stable cash flows. Income-oriented investors may find the stock attractive, but should monitor Q2 financial results for a clearer picture of performance.
Frequently Asked Questions
Found this useful? Share it