SABIC to issue SAR 2.5/share dividend for H1-2015

26/07/2015 Argaaam

Saudi Basic Industries Corporations (SABIC) said on Sunday that it has approved a 25 percent cash dividend for H1-2015, which will be issued at SAR 2.5 per share.

 

The announcement came shortly after the kingdom’s largest petrochemicals producer posted its Q2 financial results.

 

 Cash Dividend Details

SAR 30,000 mln

Current capital

3,000 mln shares

Number of shares

SAR 7,500 mln

Cash dividend

25% ( SAR 2.5/share)

Percent of capital

August 20, 2015

Record date

September 2, 2015

Payment date

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