Yamama Cement board of directors (BoD) proposed a cash dividend of SAR0.75 per share for 4Q2015 or cSAR152 million in total cash dividends. This implies DPS of SAR3.0 for full-year 2015 (c12% dividend yield, 95% payout), as the company has distributed cash dividends of SAR2.25 per share during 9M2015. The full-year DPS is in line with last year’s DPS and our forecast. The EX date for the cash dividends will be by end of trading day of the AGM, which will be announced later. (Tadawul, Tarek El-Shawarby, Wafaa Baddour)   Yamama Cement: SAR25.30 as of 25 January 2016, Rating: Buy, FV: SAR50.00 per share, MCap: USD1,366 million, YACCO AB / 3020.SE