‎“Qassim Cement” BOD recommends distributing SR58.5 mln ‎cash dividends for 2023‎

Qassim Cement Co. announced the recommendation of the Board of Directors to distribute 58.5 million riyals in cash dividends to shareholders for the first quarter of 2023 AD, equivalent to 6.5% of the nominal value of the share.

The company added that the number of shares due for dividends is 90 million shares at 0.65 riyals per share, provided that eligibility is on May 28 for the shareholders who own shares on the due day and are registered in the company’s shareholder register at the Depository Center at the end of the second trading day following the due date, and the distribution will take place on June 16.