SABIC approves 20% dividend for H2 2016

12/04/2017 Argaam

Saudi Basic Industries Corp.’s (SABIC) general assembly has approved a 20 percent cash dividend (SAR 2 per share) for the second half of 2016, bringing the total dividend issued for the full year to SAR 4 per share.

 

Cash Dividend Details (H2 2016)

Current capital

SAR 30 bln

Number of shares

3 bln

Cash dividend

SAR 6 bln

Percent capital

20% (SAR 2/share)

Record date

April 11, 2017

Payment day

April 23, 2017

 

Dividend for FY 2016

Total cash dividend

SAR 12 bln

Percent of capital

40% (SAR 4/share)

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.