Riyadh – Mubasher: The board of directors of Qassim Cement Company recommended distributing 7.5% cash dividends to shareholders for the second quarter of 2019.

The company will pay a total of SAR 67.5 million, or SAR 0.75 per share, for Q2-19, according to the firm’s recent statement to the Saudi Stock Exchange (Tadawul).

The Eligibility date shall be at the end of trading day 6 August for the shareholders registered in Depository Center (Edaa) at the end of the second trading day following the dividends distribution date.

It is worth noting that the Saudi company posted a 283.3% year-on-year profit hike in Q2-19, recording SAR 70.45 million.