Articles > Qassim Cement Company Declares Cash Dividends for Q1 2026
Qassim Cement Company Declares Cash Dividends for Q1 2026
By KlickAnalytics Data Insights | May 7, 2026 03:08AM ET
- Board of Directors decides to distribute cash dividends for Q1 2026
- Total amount distributed is 87,808,518 SAR
- Eligibility date set for June 8, 2026, and distribution date on June 24, 2026
In an exciting development for shareholders, the Board of Directors of Qassim Cement Company has announced its decision to distribute cash dividends for the first quarter of 2026. The decision was made on May 6, 2026, with the total amount to be distributed amounting to a whopping 87,808,518 SAR.
Shareholders owning 109,760,647 shares are eligible for dividends, with each share entitled to receive 80 Halalas. This generous dividend represents 8% of the share par value, providing a valuable return to loyal shareholders.
The eligibility date for shareholders to benefit from the cash dividends has been set for June 8, 2026, while the distribution date is scheduled for June 24, 2026. Dividends will be transferred directly to the bank accounts linked to shareholders' portfolios, emphasizing the importance of updating personal data with respective banks for seamless payment processing.
For non-resident shareholders, dividends will be subject to a 5% withholding tax as per income tax regulations. In case of any queries or clarifications needed regarding the dividend distribution process, shareholders are encouraged to reach out to the Shareholders Relations Section through phone contact or visit the company's headquarters for personalized assistance.
- Total amount distributed is 87,808,518 SAR
- Eligibility date set for June 8, 2026, and distribution date on June 24, 2026
In an exciting development for shareholders, the Board of Directors of Qassim Cement Company has announced its decision to distribute cash dividends for the first quarter of 2026. The decision was made on May 6, 2026, with the total amount to be distributed amounting to a whopping 87,808,518 SAR.
Shareholders owning 109,760,647 shares are eligible for dividends, with each share entitled to receive 80 Halalas. This generous dividend represents 8% of the share par value, providing a valuable return to loyal shareholders.
The eligibility date for shareholders to benefit from the cash dividends has been set for June 8, 2026, while the distribution date is scheduled for June 24, 2026. Dividends will be transferred directly to the bank accounts linked to shareholders' portfolios, emphasizing the importance of updating personal data with respective banks for seamless payment processing.
For non-resident shareholders, dividends will be subject to a 5% withholding tax as per income tax regulations. In case of any queries or clarifications needed regarding the dividend distribution process, shareholders are encouraged to reach out to the Shareholders Relations Section through phone contact or visit the company's headquarters for personalized assistance.
Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.