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Qassim Cement Company engages in the manufacture and trading of cement, and its derivatives and supplements in the Kingdom of Saudi Arabia. It offers ordinary Portland, Portland pozzolana, sulphate resistant, finishing, and limestone cement. The company was incorporated in 1976 and is based in Buraydah, the Kingdom of Saudi Arabia.

Qassim Cement Dividend Announcement

Qassim Cement announced a quarterly dividend of ر.س1.30 per ordinary share which will be made payable on 2024-09-15. Ex dividend date: 2024-09-01
Qassim Cement annual dividend for 2024 was ر.س1.95
Qassim Cement annual dividend for 2023 was ر.س2.55
Qassim Cement's trailing twelve-month (TTM) dividend yield is 4.94%
Qassim Cement's payout ratio for the trailing twelve months (TTM) is 91.07%
Qassim Cement's dividend growth over the last ten years (2013-2023) was -8.57% year

Qassim Cement Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-01ر.س1.30quarterly2024-09-15
2024-03-20ر.س0.65quarterly
2023-12-03ر.س0.65quarterly2023-12-17
2023-08-29ر.س0.65quarterly2023-09-17
2023-05-29ر.س0.65quarterly2023-06-14
2023-03-22ر.س0.60quarterly2023-04-05
2022-11-24ر.س0.60quarterly2022-12-12
2022-09-26ر.س0.50quarterly2022-10-12
2022-05-22ر.س0.50quarterly2022-06-06
2022-02-10ر.س0.60quarterly2022-03-02
2021-11-29ر.س0.80quarterly2021-12-15
2021-08-23ر.س1.00quarterly2021-09-07
2021-05-05ر.س1.10quarterly2021-05-30
2021-02-07ر.س1.20quarterly2021-02-21
2020-11-04ر.س1.25quarterly2020-11-22
2020-08-26ر.س1.00quarterly2020-09-09
2020-05-06ر.س1.00quarterly2020-05-19
2020-02-02ر.س1.10quarterly2020-02-18
2019-12-10ر.س1.00quarterly2019-12-29
2019-08-07ر.س0.75quarterly2019-09-01
2019-04-25ر.س0.60quarterly2019-05-14
2018-12-27ر.س0.50quarterly2019-01-15
2018-11-14ر.س0.25quarterly2018-11-25
2018-08-12ر.س0.35quarterly2018-09-03
2018-04-29ر.س0.65quarterly2018-05-13
2018-03-04ر.س0.80quarterly2018-03-18
2017-10-22ر.س0.60quarterly2017-11-05
2017-07-16ر.س0.65quarterly2017-07-25
2017-04-26ر.س0.85quarterly2017-05-08
2017-02-26ر.س1.00quarterly2017-03-09
2016-10-23ر.س1.00quarterly
2016-07-17ر.س1.25quarterly
2016-04-24ر.س1.50quarterly
2016-02-28ر.س1.75quarterly
2015-10-18ر.س1.50quarterly
2015-07-15ر.س1.50quarterly
2015-03-08ر.س3.00quarterly
2014-07-16ر.س3.00quarterly
2014-03-09ر.س3.50quarterly
2013-07-28ر.س2.75quarterly
2013-03-16ر.س3.50quarterly

Qassim Cement Dividend per year

Qassim Cement Dividend growth

Qassim Cement Dividend Yield

Qassim Cement current trailing twelve-month (TTM) dividend yield is 4.94%. Interested in purchasing Qassim Cement stock? Use our calculator to estimate your expected dividend yield:

Qassim Cement Financial Ratios

P/E ratio25.28
PEG ratio-0.46
P/B ratio1.76
ROE10.33%
Payout ratio91.07%
Current ratio6.95
Quick ratio3.54
Cash Ratio0.55

Qassim Cement Dividend FAQ

How much is the next Qassim Cement dividend?
Qassim Cement's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Qassim Cement dividend. The next Qassim Cement dividend will be released in March, May, August, or December.
When is Qassim Cement dividend paid?
Qassim Cement pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Qassim Cement pay?
The specific amount of Qassim Cement dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Qassim Cement's dividend history.
Does Qassim Cement stock pay dividends?
Yes, Qassim Cement does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Qassim Cement's dividend history.
How much dividend does Qassim Cement pay?
Qassim Cement paid ر.س1.95 in 2024, ر.س2.55 in 2023, ر.س2.2 in 2022, ر.س4.1 in 2021, and ر.س4.35 in 2020.
How often does Qassim Cement pay dividends?
Qassim Cement typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and December.
What is Qassim Cement's dividend yield?
The current dividend yield for Qassim Cement is 4.94%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Qassim Cement's exact dividend yield.
When does Qassim Cement go ex dividend?
Qassim Cement's ex-dividend date for the latest dividend was on 2024-09-01. Qassim Cement typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Qassim Cement dividend paid?
Qassim Cement pays dividends on a quarterly basis, typically around March, May, August, or December, but the exact dates can vary each year.
Will Qassim Cement increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Qassim Cement will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Qassim Cement dividend per share?
Qassim Cement paid ر.س1.95 per share in 2024 and ر.س2.55 per share in 2023. The amount of dividend per share that Qassim Cement pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Qassim Cement a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Qassim Cement a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Qassim Cement a dividend stock?
Yes, Qassim Cement is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Qassim Cement a good dividend stock?
Whether Qassim Cement is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Qassim Cement has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Qassim Cement as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Qassim Cement pay dividends monthly?
Qassim Cement typically pays dividends on a quarterly basis.
Does Qassim Cement pay dividends quarterly?
Qassim Cement currently pays dividends on a quarterly basis.
Has Qassim Cement ever paid a dividend?
Yes, Qassim Cement has a history of paying dividends to its shareholders. Qassim Cement is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Qassim Cement dividend stocks?
To buy Qassim Cement you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Qassim Cement stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Qassim Cement pay dividends 2024?
Qassim Cement pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Qassim Cement increase its dividend in 2024?
Decisions regarding Qassim Cement dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Qassim Cement dividend overview you can look into the above table of dividend history.
How Qassim Cement dividend works?
The Qassim Cement dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Qassim Cement's dividend process works:

1. Determination of Dividend: Qassim Cement's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Qassim Cement publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Qassim Cement distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Qassim Cement are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Qassim Cement dividends paid?
Qassim Cement dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Qassim Cement sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Qassim Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Qassim Cement declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Qassim Cement pay dividends?
Qassim Cement typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Qassim Cement pay dividends?
The general pattern is that Qassim Cement pays dividends around March, May, August, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Qassim Cement dividend safe?
The safety of Qassim Cement's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Qassim Cement's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Qassim Cement's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.