Riyadh – Mubasher: The board of Qassim Cement Company recommended a cash dividend of SAR 0.8 per share for the third quarter (Q3) of year 2021.

The company will pay SAR 72 million, representing 8% of the SAR 900 million capital, for 90 million eligible shares, according to a bourse filing on Tuesday.

Qassim Cement unveiled that the eligibility and distribution dates will be 28 November and 15 December, respectively.

The cement company posted an annual decline of 45% in net profits to SAR 60.38 million in Q3-21 from SAR 110.1 million.