Qassim Cement Company’s board of directors recommended on Monday a 15 percent cash dividend to be issued at SAR 1.50 per share for the third quarter of 2015.
The announcement comes just after the cement producer reported its Q4 results, showing a four percent year-on-year (YOY) growth to SAR 445.9 million in the first nine months of 2015.
|
Cash Dividend Details |
|
|
SAR 900 mln |
Current capital |
|
90 mln shares |
Number of shares |
|
SAR 135 mln |
Cash dividend |
|
15% ( SAR 1.50/share) |
Percent of capital |
|
October 15,2015 |
Record date |
|
November 1, 2015 |
Payment day |
|
9 Months Dividend |
|
|
SAR 405 mln |
Total dividend |
|
45% ( SAR 4.5/share) |
Percent of capital |
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