Qassim Cement plans 12.5% cash dividend for Q3 2020

01/11/2020 Argaam Exclusive

Qassim Cement Co.’s board of directors recommended today, Nov. 1, distributing a 12.5% cash dividend, at SAR 1.25 per share, for the third quarter of 2020.

 

Dividend Details (Q3 2020)

Current Capital

SAR 900 mln

Number of shares

90 mln

Dividend

SAR 112.5 mln

Percentage of capital

12.5% (SAR 1.25 per share)

Record date

Nov. 3, 2020 (Shareholders registered at the Security Depository Center (Edaa) by the end of the second trading day following the record date)

Payment date

Nov. 22, 2020

 

Dividend for 9M 2020

Total dividend

SAR 292.5

Percentage of capital

32.5% (SAR 3.25/share)

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55.40
(0.60) (1.07 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 38.12
P/E Before Unusual Items (TTM) 38.12
P/BV 3.85
Dividend Yield 3.32 %
Market Cap. (M) 6,147.08
Return on Average Assets 8.43 %
Return on Average Equity 9.89 %

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