The Board of Directors of Advanced Petrochemical Company recommended distributing cash dividends to the shareholders of the company, for the fourth quarter of 2020, after reviewing the financial and operating performance of the company.

The company said in a statement to the Saudi Market (Tadawul), today, Tuesday, that the Board of Directors recommended the distribution of 6.5% cash dividends to shareholders by 0.65 riyals per share, with a total value of 140.7 One million riyals

The company indicated that the eligibility for distributions to shareholders who own shares at the end of the second trading day following the date of the General Assembly, which will be determined after approval of the competent authorities.

She noted that the dividend distribution date will be announced at a later time.

and last September, the company announced the distribution of cash dividends to the shareholders of the company for the third quarter of this year at a value of 140.7 million riyals, equivalent to 0.65 riyals per share. < / p>