Advanced to pay 6.5% cash dividend for Q4 2020 on April 20

Advanced Petrochemical Co. (Advanced) will start paying a 6.5% cash dividend (SAR 0.65 per share) to shareholders for the fourth quarter of 2020 on April 20, 2021, the company said in a bourse statement.

Shareholders of record on March 30, including those registered at the Securities Depository Center two days after this date, are eligible to receive the dividend.

Al Rajhi Bank will process the dividend distribution to all eligible shareholders through direct transfers to their accounts.