SABIC plans 22% dividend for H2 2018
19/12/2018
Argaam
Saudi Basic Industries Corp.’s (SABIC) board of directors has recommended a 22 percent cash dividend for the second half of 2018, at SAR 2.2 per share, amounting to SAR 6.6 billion.
|
Dividend Details (H2 2018) |
|
|
Current Capital |
SAR 30 bln |
|
Number of shares |
3 bln |
|
Dividend |
SAR 6.6 bln |
|
Percentage of capital |
22% (SAR 2.2 per share) |
|
Record date |
General assembly meeting |
|
Payment date |
To be determined |
|
Dividend for FY 2018 |
|
|
Total dividend |
SAR 13.2 bln |
|
Percentage of capital |
4.4% (SAR 4.4/share) |
Market Indices
TASI
10,878.46
13.89
0.13 %
Quotes
SABIC
48.58
(0.92)
(1.86%)
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