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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.
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Dividend Details (H2 2020) |
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Current Capital |
SAR 5.625 bln |
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Number of shares |
562.5 mln |
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Dividend |
SAR 703.13 mln |
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Percentage of capital |
12.5% (SAR 1.25 per share) |
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Record date |
March 30, 2021 |
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Payment date |
To be determined |
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Dividend for 2020 |
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Total dividend |
SAR 1.406 bln |
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Percentage of capital |
25% (SAR 2.5/share) |
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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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