Yansab shareholders to vote on 12.5% dividend for H2 2020 on March 30

08/03/2021 Argaam

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Yanbu National Petrochemical Co.'s (Yansab) shareholders will vote on a board recommendation to distribute a 12.5% cash dividend, or SAR 1.25 per share, for the second half of 2020, during the general assembly meeting that will be held on March 30, 2021.

 

Dividend Details (H2 2020)

Current Capital

SAR 5.625 bln

Number of shares

562.5 mln

Dividend

SAR 703.13 mln

Percentage of capital

12.5% (SAR 1.25 per share)

Record date

March 30, 2021

Payment date

To be determined

Dividend for 2020

Total dividend

SAR 1.406 bln

Percentage of capital

25% (SAR 2.5/share)

 

Moreover, shareholders will vote on authorizing the board to distribute interim cash dividends on a semi-annual or quarterly basis for the fiscal year 2021.

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