Qassim Cement Company Announces the Resolution of its Board of Directors to Distribute Cash Dividends to its Shareholders for the Third Quarter of Year 2026
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Qassim Cement Company decided on Thursday 05-11-2026 corresponding to 25-05-1448 (H) to distribute cash dividends to the company's shareholders for the third quarter of year 2026 |
| Date of the board’s decision | 2026-11-04 Corresponding to 1448-05-24 |
| The Total amount distributed | SAR 87,808,518 |
| Number of Shares Eligible for Dividends | 109,760,647 shares |
| Dividend per share | 80 Halalas per share |
| Percentage of Dividend to the Share Par Value (%) | 8 |
| Eligibility date | 2027-01-12 Corresponding to 1448-08-04 |
| Distribution Date | 2027-01-27 Corresponding to 1448-08-19 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
| Additional Information | Dividends will be distributed through direct transfer to bank accounts linked to shareholders' portfolios. The company reminds shareholders to update their data with their respective banks to ensure their future dividends are deposited directly. For non-resident shareholders, dividends paid are subject to a 5% withholding tax upon transfer or credit to their accounts, according to Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations. Inquiries: Shareholders Relations Section, tel. 0163160026 / 0163165513. |
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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.
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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
