Petrochem to discuss 5% dividend for FY2018 in April

14/03/2019 Argaam

National Petrochemical Co. (Petrochem) shareholders on April 7 will discuss the board’s recommendation on paying cash dividend at 5 percent, or SAR 0.5 per share, totaling SAR 240 million for the fiscal year of 2018.

 

Dividend Details (2018)

Current Capital

SAR 4.8 bln

Number of shares

480 mln

Dividend

SAR 240 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

April 7, 2019

Payment date

To be determined

 

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