Friday, 19 April 2024

Qassim Cement BOD recommends SR45 mln profit distribution for 1Q

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Qassim Cement Company is pleased to announce the Board of Directors’ resolution to distribute SR 45 million cash dividends to the company’s shareholders for the 1st quarter of 2022, with percentage of dividend to the share par value is 5%.

The company added that the number of shares eligible for dividends is 90,000,000 shares with dividend per share at SR 0.50.

Thursday 19-05-2022 corresponding to 18-10-1443(H), The eligibility is for shareholders who own the shares on the date of eligibility, and who are registered in the company’s shareholders’ register at Securities Depository Center Company (Edaa) by the end of second trading day following the eligibility date.

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Distribution will be, through direct transfer to bank accounts linked to shareholders’ portfolios, thus the company remind the shareholders to update their data with banks that have their accounts in to ensure that their future profits are deposited directly.

In case of any inquiries, please contact the Shareholders Relations Section by phone with number 0163160026 or 0163165513 or by fax with number 0163810515 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 – headquarter building / second floor.

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