The Board of Directors of the Advanced Petrochemical Company, in its meeting held on Tuesday, agreed to distribute cash dividends to the shareholders of the company for the second quarter of 2020.

The company said in a statement to the Saudi market (Tadawul) today, Wednesday, that the distributions recommended by the Board are estimated at about 140.7 million riyals.

The company clarified in the statement that the distribution percentage is 6.5% by 0.65 riyals per share, as the number of shares due to profits is approximately 216.47 million shares.

The eligibility of the shareholders who own the shares at the close of the market on June 30, and who are registered in the company’s shareholders ’register with the Deposit Center at the end of the second trading day following the due date. p>

The company stated that the date of the dividend distribution will be on July 23, 2020, and I warned the shareholders to update their data and ensure that their bank account numbers are linked with their investment portfolios to ensure that their outstanding earnings are deposited into their accounts. Directly.