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Qassim recommends 10% dividends for Q3

Qassim recommends 10% dividends for Q3
Recommended dividends amount to a total of SAR 90 million
0.88% 68.90 0.60

Riyadh – Mubasher: Qassim Cement Company’s board of directors has recommended distributing cash dividends to shareholders for the third quarter (Q3) of 2019.

Recommended dividends amounted to a total of SAR 90 million, distributed over 90 million shares, at SAR 1 per share, equivalent to 10% of the share’s par value, according to a statement to the Saudi Stock Exchange (Tadawul).

The eligibility of dividends will be for the shareholders at the close of trading on eligibility data, as per the registered shareholders in the register of the Securities Depository Center Company at the end of the second trading day following the eligibility date.

The distribution will be carried out through direct transfers to shareholders’ bank accounts.