Riyadh – Mubasher: Saudi Basic Industries Corp’s (SABIC) board recommended the distribution of cash dividends for the first half of 2017.
The company would distribute 20% of the nominal value at SAR 2 per share, totaling SAR 6 billion, according to a bourse filing on Wednesday.
Shareholders who are registered in the company’s records at the end of the day following the eligibility date on 30 July will be entitled to receive the dividends,
The company noted that the date of distribution will be on 17 August.
