The board of National Petrochemical Co. (Petrochem) has proposed paying a 5 percent cash dividend (SAR 0.5 per share) for fiscal year 2016.
Petrochem last issued cash dividend to its shareholders in 2009.
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Cash Dividend Details (2016) |
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Current capital |
SAR 4,800 mln |
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Number of shares |
480 mln |
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Cash dividend |
SAR 240 mln |
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Percent capital |
5% (SAR 0.5/share) |
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Record date |
General Assembly Meeting (To be announced) |
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Payment day |
To be announced |
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