The Qassim Cement Company Announces the Recommendation of its Board of Directors to Distribute Cash Dividends to its Shareholders for the Fourth Quarter of Year 2020.

The Qassim Cement Company Announces the Recommendation of its Board of Directors to Distribute Cash Dividends to its Shareholders for the Fourth Quarter of Year 2020.

04-02-2021

The Board of Directors of Qassim Cement Company recommended on Wednesday 03-02-2021 corresponding to 21-06-1442(H) to distribute cash dividends to company’s shareholders for the fourth quarter of year 2020.

 

Date of the board’s decision  2021-02-03 Corresponding to 1442-06-21.

 

The Total amount distributed  SAR 108 Million.

 

Number of Shares Eligible for Dividends  90,000,000 Shares.

 

Dividend per share  SAR 1.20 per Share.

 

Percentage of Dividend to the Share Par Value (%)  12%.

 

Eligibility date:

 

Thursday 04-02-2021 corresponding to 22-06-1442(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.

 

Distribution Date  Sunday 21-02-2021 corresponding to 09-07-1442(H).

 

Additional Information:

 

Distribution will be, through direct transfer to bank accounts linked to shareholders’ portfolios, thus company is reminds its shareholders to update their data with banks that have their accounts 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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Qassim Cement produces more than 4 million metric tons of high-quality cement and superior performance. Our professional human capital is employed in our advanced factory that works to achieve the goal of providing high quality products to our customers.

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Qassim Cement Co.| Building No: 4266 | Unit Number: 1 | Buraidah: 52271 - 6735 | Kingdom of Saudi Arabia

Phone : (+966) 16 316-5555

Fax : (+966) 16 381-6041

Email : qcc@qcc.com.sa

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