Riyadh – Mubasher: The board of Yanbu National Petrochemicals Company (Yansab) recommended distributing cash dividends for the first half of 2017.
The dividends will be distributed at SAR 1.5 per share, representing 15% of the nominal value and totalling SAR 843.75 million, according to a bourse filing on Wednesday.
The company will start the distribution on 13 July for the shareholders of record at the end of trading on 2 July and who are registered in the Securities Depository Center (Edaa) at the end of the following day of the eligibility date will be entitled of the dividends.
Yansab profits rose 44.23% to SAR 608.2 million in Q1-7 compared to SAR 421.7 million in the same period last year.
