Qassim Cement board declares 6.5% dividend for Q3 2024

20/11/2024 Argaam Exclusive

Qassim Cement Co.’s board of directors decided on Nov. 19 to distribute a 6.5% cash dividend, or SAR 0.65 per share, for Q3 2024.

 

Dividend Details (Q3 2024)

Current capital

SAR 1.10 bln

Number of shares

110.6 mln

Total dividend

SAR 71.3 mln

Percentage of capital

6.5% (SAR 0.65 per share)

Record date

Nov. 28, 2024 

Payment date

Dec. 15, 2024

 

Total Dividend (9M 2024)

Total Dividend

SAR 214.9 mln

Percentage of Capital

19.5% (SAR 1.95 per share)

* 109.8 million shares are entitled to dividends

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
20/11/2024 28/11/2024 15/12/2024 71.34 0.65
28/08/2024 01/09/2024 15/09/2024 143.73 1.30
21/02/2024 19/03/2024 04/04/2024 58.50 0.65
26/11/2023 30/11/2023 17/12/2023 58.50 0.65
23/08/2023 28/08/2023 17/09/2023 58.50 0.65
24/05/2023 28/05/2023 14/06/2023 58.50 0.65
20/02/2023 21/03/2023 05/04/2023 54.00 0.60
22/11/2022 22/11/2022 12/12/2022 54.00 0.60
13/09/2022 25/09/2022 12/10/2022 45.00 0.50
17/05/2022 19/05/2022 06/06/2022 45.00 0.50
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 8.30 80.90 10.26 %
Last 5 Financial years 16.20 32.85 49.32 %
Last 10 Financial years 37.85 89.25 42.41 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

54.50
1.00 1.87 %

Valuation Data (Latest Share Price)

P/E (TTM) 23.14
P/E Before Unusual Items (TTM) 24.74
P/BV 2.19
Dividend Yield 3.32 %
Market Cap. (M) 6,025.47
Return on Average Assets 10.62 %
Return on Average Equity 11.98 %

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