Riyadh-Mubasher: Qassim Cement said its ordinary general meeting (OGM), scheduled for 25 February, will discuss the board's recommendation on paying cash dividends for FY15 at 62.5% of the stock's par value, totalling SAR 562.5 million.
Shareholders of record on the meeting date will be eligible for Q4 dividends at SAR 1.75 a share.
During the meeting, shareholders will also look into reducing the statutory reserve by 30% of capital, in line with the new corporate regulations.
