Riyadh-Mubasher: Qassim Cement Co. said its board recommended cash dividends for the fourth quarter of 2015 at 17.5% of the stock's par value, or SAR 1.75 a share, totalling SAR 157.5 million.
The dividend eligibility is for shareholders of record on 25 February.
The dividends will be paid on 15 March.
The cement producer recorded net earnings of SAR 141 million in Q4-15, a rise of 4.6% over SAR 134 million in the year-ago period.
