Saudi International Petrochemical Co. (Sipchem) said it will pay cash dividend for the first half of 2018, starting on August 15, the company said in a statement on Tadawul.

 

Dividend will be distributed through Al Rajhi Bank by crediting such dividends to the eligible shareholders' accounts linked to their investment portfolios.

 

Earlier, the company’s board recommended a 5 percent cash dividend for H1 2018, at SAR 0.50 per share, amounting to SAR 183.3 million.

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