Basic Chemical Industries Co.’s (BCI) general assembly has approved a 10 percent cash dividend for the fiscal year 2017, at SAR 1 per share, amounting to SAR 27.5 million.
Shareholders have also approved raising credit facilities obtained by the company from the Arab National Bank (ANB), the company said in a bourse statement.
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Dividend Details (FY 2018) |
|
|
Current Capital |
SAR 275 mln |
|
Number of shares |
27.5 mln |
|
Dividend |
SAR 27.5 mln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
May 15, 2018 |
|
Payment date |
To be determined |
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