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Qassim Cement board proposes Q2 dividends

Qassim Cement board proposes Q2 dividends
The dividends will be paid to the shareholders registered on 13 July
QACCO
3040
-8.06% 58.20 -5.10

Riyadh – Mubasher: The board members of Qassim Cement on Wednesday recommended distributing 6.5% of capital or SAR 0.65 per share as cash dividends for the second quarter of fiscal year 2017.

The company will pay a total of SAR 58.5 million as dividends to the entitled shareholders for 90 million shares, according to a bourse statement issued on Wednesday.

The dividends will be paid to the shareholders registered on 13 July.

At the stock level, Qassim edged down 0.16% to close Wednesday’s session at SAR 49.9.