Qassim Cement recommends 11% cash dividend for Q1 2021

02/05/2021 Argaam Exclusive

Qassim Cement Co.’s board of directors recommended 11% cash dividend, at SAR 1.1 per share, for Q1 2021, the company said in a bourse statement.

 

Dividend Details (Q1 2021)

Current Capital

SAR 900 mln

Number of shares

90 mln

Dividend

SAR 99 mln

Percentage of capital

11% (equivalent to SAR 1.1 per share)

Record date

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

Payment date

May 30, 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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Qassim Cement Co.
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Valuation Data (Latest Share Price)

P/E (TTM) 38.87
P/E Before Unusual Items (TTM) 38.87
P/BV 3.93
Dividend Yield 3.32 %
Market Cap. (M) 6,268.70
Return on Average Assets 8.43 %
Return on Average Equity 9.89 %

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