Qassim Cement Company Announces the Resolution of its Board of Directors to Distribute Cash Dividends to its Shareholders for the Third Quarter of Year 2024
| Element List | Explanation |
|---|---|
| Introduction | Qassim Cement Company Announces the Resolution of its Board of Directors to Distribute Cash Dividends to its Shareholders for the Third Quarter of Year 2024. |
| Date of the board’s decision | 2024-11-19 Corresponding to 1446-05-17 |
| The Total amount distributed | 71,344,421 SAR |
| Number of Shares Eligible for Dividends | 109,760,647 Shares |
| Dividend per share | 0.65 SAR per Share |
| Percentage of Dividend to the Share Par Value (%) | 6.5 |
| Eligibility date | 2024-11-28 Corresponding to 1446-05-26 |
| Distribution Date | 2024-12-15 Corresponding to 1446-06-14 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
| 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.
For non-resident investors the dividend paid by the company is subject to a withholding tax of 5.0% upon transfer to the nonresident investor or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations. In case of any inquiries, please contact the Shareholders Relations Section by phone with number 0163160026 or 0163165513 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 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
