Saudi Basic Industries Corp.'s (SABIC) board of directors recommended on Wednesday a 30 percent cash dividend to be issued at SAR 3 per share for the second half of 2015.
A 55 percent cash dividend was recommended for the 2015 fiscal year (FY) at SAR 5.50 per share.
|
Cash Dividend Details (H2-15) |
|
|
SAR 30,000 mln |
Current capital |
|
3000 mln shares |
Number of shares |
|
SAR 9,000 mln |
Cash dividend |
|
30% (SAR 3/share) |
Percent of capital |
|
Date of general assembly |
Record date |
|
To be determined |
Payment day |
|
Dividend for FY-2015 |
|
|
SAR 16,500 mln |
Total dividend |
|
55% (SAR 5.50/share) |
Percent of capital |
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