Riyadh – Mubasher: The board of Qassim Cement Company (QCC) has recommended the distribution of SAR 99 million in cash dividends to shareholders for the fourth quarter (Q4) of 2019.
Dividends will be distributed at SAR 1.10 per share, representing 11% of the share’s par value, with the number of eligible shares standing at 90 million shares, according to a statement to the Saudi Stock Exchange (Tadawul) on Thursday.
It is worth noting that during the first nine months of last year, the company’s net profits surged by 166.6% to SAR 216.6 million.
Source: Mubasher
All Rights Reserved - Mubasher Info © 2005 - 2020 Provided by SyndiGate Media Inc. (Syndigate.info).
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
