Saudi Chemical shareholders to vote on 5% cash dividends for 2020 on May 26

Saudi Chemical Co.'s shareholders will vote on the board of directors' recommendation on paying 5% cash dividend (SAR 0.5 per share), amounting to SAR 42.16 million, for 2020, during the ordinary general meeting (OGM) that will be held on May 26, 2021, according to a bourse filing.

Shareholders will also vote on approving the board and auditor reports, as well as financial statements for 2020.

They will also discuss approving the payment of SAR 2.25 million as remuneration for board members for 2020 and authorizing the board to distribute interim dividends on a quarterly or semi-annual basis for 2021.

Shareholders can vote on the assembly items as of May 22, 2021, through Tadawul services.