Sipchem authorizes board to pay interim dividends for 2026

Sipchem shareholders approval came during general meeting held on May 20

Shareholders of Sahara International Petrochemical Co. (Sipchem) approved authorizing the board of directors to distribute interim dividends on a quarterly or semi-annual basis for 2026.

The approval came during the general meeting held on May 20, according to a Tadawul statement.

The company distributed cash dividends to shareholders during 2025 at 10% of capital, or SAR 1 per share, with a total payout of SAR 725.12 million, Argaam data showed.

The petrochemical producer recorded losses of SAR 215.3 million in Q1 2026, versus earnings of SAR 195.3 million a year earlier.