Qassim Cement recommends 12% cash dividend for Q4 2020

04/02/2021 Argaam Exclusive

Qassim Cement Co.’s board of directors recommended a 12% cash dividend, at SAR 1.2 per share, for Q4 2020, the company said in a bourse statement.

Dividend Details (Q4 2020)

Current Capital

SAR 900 mln

Number of shares

90 mln

Dividend

SAR 108 mln

Percentage of capital

12% (equivalent to SAR 1.2 per share)

Record date

Feb. 4, 2021 (including those registered at the Securities Depository Center two days after this date)

Payment date

Feb. 21, 2021

 

Total Dividend in 2020

Dividend

SAR 400.5 mln

Percentage of capital

44.5% (equivalent to SAR 4.45 per share)

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53.70
(0.20) (0.37 %)

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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