The company said in a statement to the Saudi market, that the profits that will be distributed by 6.6 billion riyals for the first half and the same for the second half.
She explained that the dividends distributed at 22% of the nominal value of the share and the value of 2.2 riyals per share for every half of last year.
The company stated that the dividend payment will be on April 30, 2019.
The company also agreed to pay a reward to the members of the company’s board of directors, amounting to 1.8 million riyals for the year 2018.
The public agreed to elect the members of SABIC Board of Directors for the next session, which starts from April 10, 2019 and for a period of 3 years ending on April 9, 2022.
SABIC's profit increased 17% in the past year, to reach 21.54 billion riyals, compared to 18.43 billion riyals in 2017.
Namazone Services .. Programmed technical analysis platform ... for UAE, Saudi, and global markets
To more:
