Advanced Petrochemical plans 7.5% dividend for Q2-16
Advanced Petrochemical Co.’s board of directors has recommended paying shareholders a 7.5 percent cash dividend at the rate of SAR 0.75 per share for the second quarter of 2016, the company said in a statement Tuesday.
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Cash Dividend Details (Q2-2016) |
|
|
Current Capital |
SAR 1639.95 mln |
|
Number of shares |
163.99 mln |
|
Cash dividend |
SAR 123 mln |
|
Percent capital |
7.5% (SAR 0.75 /share) |
|
Record date |
June 30, 2016 |
|
Payment day |
To be determined |
|
Dividend for H1-2016 |
|
|
Total cash dividend |
SAR 246 mln |
|
Percent of capital |
15% (SAR 1.5/shares) |
