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) |
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