The BOD of Advanced Petrochemical Company approved a revised dividend distribution policy to be on quarterly basis, on its meeting held September, 03, 2014.
The Company’s BOD recommended 7.5% cash dividends (SAR 0.75/share) for Q3 2014 in addition to 2.5% (SAR 0.25/share) extraordinary dividend as a one of event due to additional profit from the Company’s investment in Saudi equity market, as follows:
Cash dividends details |
|
SAR 1639.95 mn |
Current capital |
163.99 mn shares |
Number of shares |
SAR 163.99 mn |
Q3 cash dividends |
10% ( SAR 1/share) |
% of capital |
September, 30, 2014 |
Record date |
9 months dividends |
|
SAR 368.99 mn |
Total dividends |
22.5% ( SAR 2.25/share) |
% of capital |
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