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Wednesday, Dec 08, 2021
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Saudi's Qassim Cement announced $19.2mln dividends for Q3 2021

Saudi's Qassim Cement announced $19.2mln dividends for Q3 2021

Qassim Cement unveiled that the eligibility and distribution dates will be 28 November and 15 December
The board of Qassim Cement Company recommended a cash dividend of SAR 0.8 per share for the third quarter (Q3) of year 2021.

The company will pay SAR 72 million, representing 8% of the SAR 900 million capital, for 90 million eligible shares, according to a bourse filing on Tuesday.

Qassim Cement unveiled that the eligibility and distribution dates will be 28 November and 15 December, respectively.

The cement company posted an annual decline of 45% in net profits to SAR 60.38 million in Q3-21 from SAR 110.1 million.
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