SABIC approves 22% dividend for H217

18/04/2018 Argaam

 

Saudi Basic Industries Corporation’s general assembly has approved a 22 percent cash dividend for the second half of 2017, at SAR 2.2 per share, amounting to SAR 6.6 billion.

 

Shareholders also delegated the company’s board of directors to issue semi-annual or quarterly dividend for fiscal year of 2018, in accordance with corporate rules and regulations.

 

Cash Dividend Details (H2 2017)

Current Capital

SAR 30 bln

Number of shares

3 bln

Cash dividend

SAR 6.6 bln

Percent capital

22% (SAR 2.2 per share)

Record date

April 17, 2018

Payment date

May 1, 2018

Dividend for FY 2017

Total cash dividend

SAR 12.6 bln

Percent of capital

42% (SAR 4.2/share)

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.