SABIC plans 22% dividend for H1 2018

06/06/2018 Argaam

 

Saudi Basic Industries Corp.’s (SABIC) board of directors has recommended a 22 percent cash dividend for the first half of 2018, at SAR 2.2 per share, amounting to SAR 6.6 billion.

 

Dividend Details (H1 2018)

Current capital

SAR 30 bln

Number of shares

3 bln

Dividend

SAR 6.6 bln

Percentage of capital

22% (SAR 2.2/share)

Record date

August 30, 2018

Payment day

September 17, 2018

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