Qassim Cement shareholders authorize board to pay interim dividends for 2023

Qassim Cement's plant.

Shareholders of Qassim Cement Co. approved on March 21 authorizing the board of directors to distribute interim dividends on a quarterly basis for 2023, the company said in a statement to Tadawul.

Shareholders also approved all other items on the agenda of the ordinary general meeting (OGM).

According to the data available with Argaam, Qassim Cement will pay cash dividend at SAR 198 million, or 22% of the capital (SAR 2.2 per share), distributed on a quarterly basis for 2022.