SABIC shareholders mandate board to pay dividend for 2024

30/04/2024 Argaam

SABIC shareholders mandate board to pay dividend for 2024

Saudi Basic Industries Corp. (SABIC) headquarters


Saudi Basic Industries Corp.'s (SABIC) shareholders approved authorizing the board to pay interim dividend for 2024 on a semi-annual or quarterly basis.

 

The approval came during the ordinary general meeting held on April 29, according to a Tadawul statement.

 

In addition, shareholders approved all agenda items.

 

SABIC paid a 34% dividend for 2023, at SAR 3.4 a share, according to data available with Argaam.

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