Today, Sunday, the Saudi Basic Industries Corporation (SABIC) pumped about 5.25 billion riyals into the company's shareholders' accounts, as cash dividends for the first half of 2021.
The share of the dividend is 1.75 riyals, with a distribution ratio to the nominal value of the share of 17.5%, with the number of shares entitled to dividends amounting to 3 billion shares, according to Al Mal newspaper.
SABIC previously confirmed that non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority must contact the company within 5 five days. calendar from the due date and provide the company with documents supporting tax exemption.
The newspaper had revealed in its monitoring that the profits achieved by "SABIC" in the second quarter of 2021, amounting to 7.64 billion riyals, are the highest in the last 10 years, specifically since the quarter. The third 2011, in which the company's profits amounted to 8.19 billion riyals. The profits achieved by “SABIC” at the level of the second quarter are the highest since the second quarter of 2011.
