Advanced Petrochemical Co.’s board of directors has recommended a 7 percent cash dividend for the fourth quarter of 2018, at SAR 0.7 per share, amounting to SAR 137.8 million, it said in a statement to Tadawul on Tuesday.

 

Dividend Details (Q4 2018)

Current Capital

SAR 1.97 bln

Number of shares

196.79 mln

Dividend

SAR 137.8 mln

Percentage of capital

7% (SAR 0.7 per share)

Record date

December 18, 2018

Payment date

To be determined

 

Total Dividend for 2018

Total dividend

SAR 551 mln

Percentage  of capital

28% (SAR 2.8/share)

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