SABIC plans 22% dividend for H2 2018

19/12/2018 Argaam

 

Saudi Basic Industries Corp.’s (SABIC) board of directors has recommended a 22 percent cash dividend for the second half of 2018, at SAR 2.2 per share, amounting to SAR 6.6 billion.

 

Dividend Details (H2 2018)

Current Capital

SAR 30 bln

Number of shares

3 bln

Dividend

SAR 6.6 bln

Percentage of capital

22% (SAR 2.2 per share)

Record date

General assembly meeting

Payment date

To be determined

Dividend for FY 2018

Total dividend

SAR 13.2 bln

Percentage of capital

4.4% (SAR 4.4/share)

 

 

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