Riyadh – Mubasher: The board of Qassim Cement Company has recommended a cash dividend distribution equivalent to 6% of the capital for the fourth quarter (Q4) of 2021.
The cash dividend payout would stand at SAR 0.60 per share, at a total value of SAR 54 million for 90 million eligible shares, according to a bourse disclosure on Tuesday.
The eligibility and distribution dates will be on 13 February and 2 March, respectively.
It is worth noting that the Saudi listed company's board had proposed SAR 72 million cash dividends, representing 8% of its capital, for Q3-21.
