Qassim Cement approves 8% cash dividend for Q4 2024

19/03/2025 Argaam Exclusive

Qassim Cement Co.’s (QACCO) board of directors decided on March 18 the payment of a cash dividend at 8% of capital, or SAR 0.8 a share, for Q4 2024, according to a statement to Tadawul.

 

Cash Dividends (Q4 2024)

Current Capital

SAR 1.10 bln

Number of Shares*

110.6 mln

Nominal Value per Share

SAR 10

Total Dividends

SAR 87.81 mln

Percentage of Capital

8% (SAR 0.8 a share)

Record Date

March 20, 2025

Payment Date

April 15, 2025

 

Cash Dividends (2024)

Total Dividends

SAR 302.71 mln

Percentage of Capital

27.5% (SAR 2.75 a share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
19/03/2025 20/03/2025 15/04/2025 87.81 0.80
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
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 7.55 76.10 9.92 %
Last 5 Financial years 15.50 66.70 23.24 %
Last 10 Financial years 34.60 91.00 38.02 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

52.60
1.30 2.53 %

Valuation Data (Latest Share Price)

P/E (TTM) 18.82
P/E Before Unusual Items (TTM) 19.94
P/BV 2.05
Dividend Yield 5.21 %
Market Cap. (M) 5,671.68
Return on Average Assets 12.36 %
Return on Average Equity 13.19 %

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