The general assembly of Qassim Cement Co. has approved a 10 percent cash dividend (SAR 1 per share) for fourth quarter 2016, bringing the total dividend issued for the full year to SAR 4.75 per share.
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Cash Dividend Details (Q4-2016) |
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Current capital |
SAR 900 mln |
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Number of shares |
90 mln |
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Cash dividend |
SAR 90 mln |
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Percent capital |
10% (SAR 1/share) |
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Record date |
February 23, 2017 |
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Payment day |
March 9, 2017 |
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Dividend for FY 2016 |
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Total cash dividend |
SAR 427.50 mln |
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Percent of capital |
47.5% (SAR 4.75/share) |
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