SABIC plans 22% dividend for H1 2019

23/05/2019 Argaam

 

Saudi Basic Industries Corp.’s (SABIC) board of directors has recommended a 22 percent cash dividend for the first half of 2019, at SAR 2.20 per share, amounting to SAR 6.6 billion.

 

Dividend Details (H1 2019)

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

Sept. 16, 2019

Payment date

Oct. 1, 2019

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