SABIC plans 30% cash dividend for H2-15

16/12/2015 Argaam

Saudi Basic Industries Corp.'s (SABIC) board of directors recommended on Wednesday a 30 percent cash dividend to be issued at SAR 3 per share for the second half of 2015.

 

A 55 percent cash dividend was recommended for the 2015 fiscal year (FY) at SAR 5.50 per share.

 

 Cash Dividend Details (H2-15)

SAR 30,000 mln

Current capital

3000 mln shares

Number of shares

SAR 9,000 mln

Cash dividend

30% (SAR 3/share)

Percent of capital

Date of general assembly

Record date

To be determined

Payment day

Dividend for FY-2015

SAR 16,500 mln

Total dividend

55% (SAR 5.50/share)

Percent of capital
 

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