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Qassim Cement Company Announces the Resolution of its Board of Directors to Distribute Cash Dividends to its Shareholders for the First Quarter of Year 2025
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Qassim Cement Company decided on Tuesday 20-05-2025 Corresponding to 22-11-1446 (H) to distribute cash dividends to the company’s shareholders for the fourth quarter of year 2024 |
| Date of the board’s decision | 2025-05-20 Corresponding to 1446-11-22 |
| The Total amount distributed | 87,808,518 SAR |
| Number of Shares Eligible for Dividends | 109,760,647 Shares |
| Dividend per share | 0.80 SAR per Share |
| Percentage of Dividend to the Share Par Value (%) | 8 |
| Eligibility date | 2025-05-26 Corresponding to 1446-11-28 |
| Distribution Date | 2025-06-16 Corresponding to 1446-12-20 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
| Additional Information | Distribution will be made through direct transfer to bank accounts linked to shareholders’ portfolios, thus the company reminds the shareholders to update their data with banks that have their accounts in to ensure that their future dividends are deposited directly. For non-resident shareholders dividends paid by the company are subject to a 5% withholding tax upon transfer to the non-resident shareholders or credit to their accounts according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations. In case of any inquiries, please contact the Shareholders Relations Section by phone on 0163160026 or 0163165513 or by post mail to the company's national address 4266 Buraydah 52271 - 6735 or kindly visit the Shareholders Relations Section at the company's headquarters - Buraydah - Tarfia Road - headquarters building / second floor. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 50.5
Net Change -0.15 (-0.3%)
Value Traded (Sar) 2,716,551.95
Volume Traded 53,737
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