Qassim Cement Company Announces the Resolution (by Circulation) of its Board of Directors to Distribute Cash Dividends to its Shareholders for the third Quarter of Year 2023

Qassim Cement Company Announces the Resolution (by Circulation) of its Board of Directors to Distribute Cash Dividends to its Shareholders for the third Quarter of Year 2023

29-11-2023

 

The Board of Directors of Qassim Cement Company decided (by Circulation) on Sunday 26-11-2023 Corresponding to 12-05-1445 (H) to distribute cash dividends to company’s shareholders for the third quarter of year 2023.

Date of the board’s decision: 2023-11-26 Corresponding to 1445-05-12

The Total amount distributed: 58.5 Million SAR.

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

Dividend per share: 0.65 SAR per Share.

Percentage of Dividend to the Share Par Value (%): 6.5 %.

Eligibility date: Thursday 30-11-2023 corresponding to 16-05-1445 (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 17-12-2023 corresponding to 04-06-1445 (H).

 

Additional Information:

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 - headquarters building / second floor.

 

 



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Qassim Cement Company is a Saudi Joint Stock company, established in accordance with the Royal Decree No. M/62 on 15 Shaban, 1396H. (August 11, 1976) and registered in Buraydah City under commercial registration number 1131001224 on 28 Shaban, 1398 (August 2, 1978). On 4 of Dhu al-Hijjah 1445 AH (June 10, 2024), Qassim Cement Company announced the completion of the acquisition of Hail Cement Company (HCC) by increasing its capital through the issuance of new shares to Hail Cement Company shareholders.

Contact Us

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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