Yansab board proposes SAR1/share dividend

Riyadh – Mubasher: Yanbu National Petrochemicals (Yansab) board of directors recommended the distribution of cash dividends for the second half of 2015 at SAR 562.5 million, or SAR 1 per share (10% of stock par value).

Shareholders of record on the general meeting date will be entitled to receive the dividends. The upcoming shareholder meeting is scheduled for next March.

Accordingly, the full cash dividends for 2015 will amount to SAR 1.1 billion, or SAR 2 per share (20% of stock par value).

Mubasher Contribution Time: 24-Dec-2015 13:03 (GMT)