Qassim Cement board recommends 10% cash dividend for Q2 2021

18/08/2021 Argaam Exclusive

Qassim Cement Co.'s board of directors, in a meeting today, Aug. 18, recommended the distribution of cash dividends at SAR 1 per share, or 10% of capital, for the second quarter of 2021, according to a bourse filing.

 

Dividend Details (Q2 2021)

Current Capital

SAR 900 mln

Number of shares

90 mln

Dividend

SAR 90 mln

Percentage of capital

10% (equivalent to SAR 1 per share)

Record date

Aug. 22, 2021 (Shareholders registered in the company's shareholders’ register at Edaa at the end of the second trading day following the due date).

Payment date

Sept. 7, 2021

 Total Dividends (H1 2021)

Dividend

SAR 189 mln

Percentage of capital

21% (equivalent to SAR 2.1 per share)

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54.00
0.10 0.19 %

Valuation Data (Latest Share Price)

P/E (TTM) 22.92
P/E Before Unusual Items (TTM) 24.51
P/BV 2.17
Dividend Yield 3.32 %
Market Cap. (M) 5,970.19
Return on Average Assets 10.62 %
Return on Average Equity 11.98 %

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