Mubasher - Riyadh: Sahara Petrochemicals' board recommended the distribution of dividends to the shareholders for the year 2016.
The company would distribute SAR 329 million, with SAR 0.75 per share, representing 7.5% of the share's nominal value, according to a bourse filing on Thursday.
The eligibility of dividends will be for the registered shareholders by the end of trading on the day of the general assembly's meeting, which is expected to be held in April 2017.
The company's capital amounts SAR 4.4 billion distributed over 438.8 million shares, at a nominal value of SAR 10 per share.
