Sipchem plans 5% dividend for H1 2018

26/07/2018 Argaam

 

Saudi International Petrochemical Co. (Sipchem) board of directors has recommended a 5 percent cash dividend for the first half of 2018, at SAR 0.50 per share, amounting to SAR 183.3 million.

 

Dividend Details (H1 2018)

Current Capital

SAR 3.67 bln

Number of shares

366.67 mln

Dividend

SAR 183.33 mln

Percentage of capital

5% (SAR 0.50 per share)

Record date

August 1, 2018

Payment date

To be determined

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