Advanced Petrochemical to pay Q4 2018 dividend on April 8

Advanced Petrochemical Co. said it will pay cash dividend for the fourth quarter of 2018 on April 8, 2019.

Shareholders of record on March 19, 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.

Earlier this month, the company’s general assembly approved a 7 percent cash dividend for the fourth quarter of 2018, at SAR 0.70 per share, amounting to SAR 137.8 million, according to data compiled by Argaam.