Advanced Petrochemical to pay Q3 dividend on Oct. 18

14/10/2018 Argaam

 

Advanced Petrochemical Co. said it will pay cash dividend for the third quarter of 2018 on Thursday, Oct. 18, 2018.

 

Shareholders of record on Sept. 30, 2018, including those registered at the Securities Depository Center two days after this date, are eligible to receive the dividend, the company said in a bourse statement.

 

Last month, the company’s board of directors recommended a 7 percent cash dividend for the third quarter of 2018, at SAR 0.7 per share, amounting to SAR 137.8 million, according to data compiled by Argaam.

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