Saudi International Petrochemical Co.’s (Sipchem) board of directors has recommended a 6.5 percent cash dividend for the second half of 2018, at SAR 0.65 per share, amounting to SAR 238.33 million.
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Dividend Details (H2 2018) |
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Current Capital |
SAR 3.67 bln |
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Number of shares |
366.67 mln |
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Dividend |
SAR 238.33 mln |
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Percentage of capital |
6.5% (SAR 0.65 per share) |
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Record date |
Jan. 1, 2019 |
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Payment date |
To be determined |
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Dividend for FY 2018 |
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Total dividend |
SAR 421.66 mln |
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Percentage of capital |
11.5% (SAR 1.15/share) |
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