36.3500
Change
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Change %
1.7568%
Open
37.0000
Close
37.7000
High
37.1000
Low
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Qassim Cement board recommends SAR0.25/share dividend distribution

2018-11-08 16:06:15 GMT (Economies.com)
Qassim Cement board recommends SAR0.25/share dividend distribution
 

The board of directors of Qassim Cement Co. on Thursday recommended the distribution of cash dividends for the third quarter of 2018 at SAR 22.5 million, or 25 halala per share (2.5% of stock par value).

Eligibility for the dividend payout will be for shareholders registered on Tadawul Securities Depository Center till the close of trading on 13 November, while the distribution date will be as of 25 November.

The company earlier distributed cash dividends for the second quarter of 2018 at SAR 31.5 million, or 35 halala per share (3.5% of stock par value)

The company’s financial results for the third quarter reflected a 88.9% fall in net profit.

Q3 revenues fell to SAR 74.4 million, from SAR 130.7 million in Q3-17.

Meanwhile, net profit for the first nine months of 2018 showed SAR 81.2 million, a fall by 56% year-on-year from SAR 184.6 million.

 
 
 
  Symbol Last Change Chg.%
1.1339
0.0011
0.0962%
1.3020
0.0100
0.7721%
14.193
0.035
0.244%
56.142
-3.700
6.183%
66.07
-0.05
0.08%
1212.530
3.060
0.253%
 
 
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