SABIC investors reap SR6.6bn dividend windfall

article author: 
Fri, 2020-04-24 01:53

LONDON: The SABIC board has approved a SR6.6 billion ($1.8 billion) dividend for the second half of 2019 at a virtual annual general meeting.

The dividend, to be distributed to shareholders on May 12, equates to SR2.2 per share or 22 percent of the nominal share value.

“We continued to improve performance and increase revenues for shareholders,” said CEO Yousef Al-Benyan. 

Main category: 
Tags: 


from ArabNews https://ift.tt/2VweOdN
via Latest News of Dubai

Post a Comment

0 Comments