Qassim Cement’s shareholders to vote on FY 2019 dividend on March 4

12/02/2020 Argaam Exclusive

Qassim Cement Co. invited its shareholders to attend the general assembly meeting that will be held on March 4, 2020 to vote on the distributed cash dividend for Q1, Q2, Q3 and Q4 of the fiscal year 2019.

 

Shareholders will also vote on delegating the board of directors to distribute dividend for FY 2020 on a quarterly basis.

 

Meanwhile, they will vote on discharging board members from liabilities during FY 2019 in addition to other items on the meeting agenda including related party transactions.

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 9.65 44.95 21.47 %
Last 5 Financial years 17.30 69.50 24.89 %
Last 10 Financial years 47.55 62.75 75.78 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

53.70
(0.80) (1.47 %)

Valuation Data (Latest Share Price)

P/E (TTM) 22.80
P/E Before Unusual Items (TTM) 24.37
P/BV 2.16
Dividend Yield 3.32 %
Market Cap. (M) 5,937.02
Return on Average Assets 10.62 %
Return on Average Equity 11.98 %

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