Qassim Cement board recommends 8% cash dividend for Q3 2021

23/11/2021 Argaam Exclusive

Qassim Cement Co.'s board of directors recommended the distribution of cash dividends at SAR 0.8 per share, or 8% of capital, for the third quarter of 2021, according to a bourse filing.

 

Dividend Details (Q3 2021)

Current Capital

SAR 900 mln

Number of shares

90 mln

Dividend

SAR 72 mln

Percentage of capital

8% (SAR 0.8 per share)

Record date

Nov. 28, 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

Dec. 15, 2021

 Total Dividends (9M 2021)

Dividend

SAR 261 mln

Percentage of capital

29% (SAR 2.9 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
23/11/2021 28/11/2021 15/12/2021 72.00 0.80
18/08/2021 22/08/2021 07/09/2021 90.00 1.00
02/05/2021 04/05/2021 30/05/2021 99.00 1.10
04/02/2021 04/02/2021 21/02/2021 108.00 1.20
01/11/2020 03/11/2020 22/11/2020 112.50 1.25
23/08/2020 25/08/2020 09/09/2020 90.00 1.00
04/05/2020 05/05/2020 19/05/2020 90.00 1.00
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
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 11.40 32.85 34.70 %
Last 5 Financial years 16.05 67.25 23.87 %
Last 10 Financial years 45.30 72.00 62.92 %
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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