Qassim Cement Co.’s shareholders approved an 8 percent cash dividend (SAR 0.80 per share) for Q4 2017, bringing the full-year dividend to SAR 2.9 per share.
The general assembly also authorized the board of directors to maintain quarterly dividends throughout the year.
|
Cash Dividend Details (Q4 2017) |
|
|
Current Capital |
SAR 900 mln |
|
Number of shares |
90 mln |
|
Cash dividend |
SAR 72 mln |
|
Percent capital |
8% (SAR 0.80 per share) |
|
Record date |
March 1, 2018 |
|
Payment date |
March 18, 2018 |
|
Dividend for FY17 |
|
|
Total cash dividend |
SAR 261 mln |
|
Percent of capital |
29% (SAR 2.9/share) |
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