Saudi Chemical board proposes H1 dividend payout
Riyadh – Mubasher: Saudi Chemical said Tuesday that the board of directors recommended distributing dividends at SAR 1.5 for the first half of 2016, according to a bourse filing.
The proposed total dividend distribution thus stood at SAR 94.86 million, which accounts for 15% of share capital.
Shareholders of record until 25 December 2016 would be entitled to the dividend distribution receivable on 8 January 2017, the filing revealed.
