Eastern Province Cement’s board greenlights H1-26 cash dividends
EPCCO
3080 -1.67% 25.94 -0.44
Riyadh - Mubasher: Eastern Province Cement Company’s board of directors has approved a cash dividend distribution totaling SAR 51.60 million for the first half (H1) of 2026.
The payout is equivalent to 6% of the share's nominal value, according to a bourse filing.
The company confirmed that the distribution will target 86 million eligible shares, resulting in a dividend of SAR 0.60 per share.
Eligibility for the payout is set for 2 August 2026 for shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day following the entitlement date.
The company scheduled the payment date for 20 August 2026. Eastern Province Cement noted that dividends paid to non-resident investors will be subject to a 5% withholding tax in accordance with Saudi tax regulations.
Shareholders are urged to update their bank account data with their respective brokerage firms to ensure the timely electronic transfer of funds.
At the end of June 2026, Eastern Province Cement logged 12.80% higher net profits at SAR 141 million, compared to SAR 125 million in H1-25.
Source: Mubasher Source: {{details.article.source}}