Riyadh-Mubasher: Advanced Petrochemical Co. (APC) said the board recommended cash dividends for the fourth quarter of 2015 at 7.5% of the stock’s par value, or SAR 0.75 a share, totalling SAR 123 million.
Dividend eligibility is for shareholders of record on the date of the upcoming general meeting, the company said in a statement to Tadawul on Sunday.
It added that the payment and record dates will be announced later.
Accordingly, FY15 dividends reach SAR 3 a share, totalling SAR 492 million.
