Qassim Cement recommends 6% dividend for Q3

16/10/2017 Argaam

Qassim Cement Co.’s board of directors has recommended a 6 percent cash dividend at the rate of SAR 0.60 per share for Q3 2017, the company said in a statement to Tadawul on Monday.

 

Cash Dividend Details

Current capital

SAR 900 mln

Number of shares

90 mln

Cash dividend

SAR 54 mln

Percent capital

6% (SAR 0.60/share)

Record date

October 19, 2017

Payment day

November 5, 2017

 

Dividend for 9 months

Total cash dividend

SAR 189 mln

Percentage of capital

21% (SAR 2.1/share)

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