Natpet board recommends 5% cash dividend (SAR 0.5/share) for 2014

01/01/2015 Argaam

Alujain Company said on Thursday that its subsidiary National Petrochemical Industrial Co. (Natpet) recommended a five percent cash dividend (SAR 0.5/share) for a total value of SAR 53.5 million.

Eligibility is limited to shareholders listed in the registry at the close of trading on the day of the ordinary general assembly, Alujain said in a statement to Tadawul, Saudi Arabia’s bourse.

The company will set a date for the upcoming general assembly meeting, it added.

Natpet is 57.4 percent owned by Alujain Company.

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