Qassim Cement plans 11% dividend for Q4 2019

30/01/2020 Argaam Exclusive

Qassim Cement Co.’s board of directors recommended an 11% cash dividend for the fourth quarter of 2019, at SAR 1.1 per share, amounting to SAR 99 million.

Dividend Details (Q4 2019)

Current Capital

SAR 900 mln

Number of shares

90 mln

Dividend

SAR 99 mln

Percentage of capital

11% (SAR 1.1 per share)

Record date

Jan. 30, 2020

Payment date

Feb. 18, 2020

Dividend for FY 2019

Total dividend

SAR 310.5 mln

Percentage of capital

34.5% (SAR 3.45/share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
30/01/2020 30/01/2020 18/02/2020 99.00 1.10
08/12/2019 09/12/2019 29/12/2019 90.00 1.00
05/08/2019 06/08/2019 01/09/2019 67.50 0.75
23/04/2019 24/04/2019 14/05/2019 54.00 0.60
27/12/2018 26/12/2018 15/01/2019 45.00 0.50
08/11/2018 13/11/2018 25/11/2018 22.50 0.25
07/08/2018 09/08/2018 03/09/2018 31.50 0.35
22/04/2018 26/04/2018 13/05/2018 58.50 0.65
29/01/2018 01/03/2018 18/03/2018 72.00 0.80
16/10/2017 19/10/2017 05/11/2017 54.00 0.60
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

Consolidated cash dividend Cash dividend per share (SAR) * The stock price at the beginning of the period (SAR) Return on the base price
Last 3 Financial years 8.10 67.25 12.04 %
Last 5 Financial years 19.10 91.00 20.99 %
Last 10 Financial years 48.10 69.00 69.71 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

53.90
0.20 0.37 %

Valuation Data (Latest Share Price)

P/E (TTM) 22.88
P/E Before Unusual Items (TTM) 24.46
P/BV 2.17
Dividend Yield 3.32 %
Market Cap. (M) 5,959.13
Return on Average Assets 10.62 %
Return on Average Equity 11.98 %

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