Petrochem plans 5% dividend for FY17

08/03/2018 Argaam

 

The National Petrochemical Co.’s (Petrochem) board of directors has recommended a 5 percent cash dividend for the fiscal year 2017, at SAR 0.5 per share, amounting to SAR 240 million.

 

Cash Dividend Details (FY 2017)

Current Capital

SAR 4.8 bln

Number of shares

480 mln

Cash dividend

SAR 240 mln

Percent capital

5% (SAR 0.5 per share)

Record date

Second trading day following general assembly meeting

Payment date

To be determined

 

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