SABIC Agri-Nutrients Co.’s shareholders are set to vote on a board recommendation to distribute a 30% cash dividend for the second half of 2021, during the extraordinary general assembly meeting (EGM) that will be held on April 13.
Shareholders will also vote on authorizing the board of directors to distribute interim dividend for 2022, on a semi-annual or a quarterly basis.
Meanwhile, they will vote on amending article (2) of bylaws, which is related to the head office.
Dividend Details (H2 2021) |
|
Current capital |
SAR 4.7604 bln |
Number of shares |
476.04 mln |
Dividend |
SAR 1.428 bln |
Percentage of capital |
30% (SAR 3 per share) |
Record date |
Shareholders registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day following the general assembly date, which will be announced later. |
Payment date |
April 27, 2022 |
Total Dividend for 2021 |
|
Total dividend |
SAR 2.023 bln |
Percentage of capital |
42.5% (SAR 4.25 per share) |
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