Yansab paid SR16 bln cash dividends since 2013

Yanbu National Petrochemical Co. (Yansab) paid cash dividends worth SR 16.031 billion since 2013 till the first half of 2022, according to data collected by Maaal.

These data came after Yansab announced on Sunday the Board of Directors’ recommendation to distribute cash dividends amounted to SR 843.750 million to shareholders for the first half of 2022, with percentage of dividend to the share par value is 15% and dividend per share is SR 15.

The data covered 19 semi-years which included the highest profit distribution in the second half of 2013 and the second one of 2018.

However, the lowest profit distribution by Yansab was in the first half of 2013 and 2015 when it paid SR 562.5 million.