Chemanol to withhold dividends for 2014

11/05/2015 Argaam

Methanol Chemicals Company’s (Chemanol) decided on Sunday to withhold cash dividends for 2014.

 

The move comes as the company aims to support its financial position and enhance “strategic” plans, according to its statement to Tadawul.

 

Chemanol distributed a SAR 0.50 per share dividend in 2012 and SAR 0.60 per share for 2013, according to data compiled by Argaam.

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