SABIC BOD Distributes SR6.75 bln for 1H of 2022 at SR2.25 per share

Saudi Basic Industries Corporation (SABIC) announced on Sunday Board decision to distribute cash dividends to Shareholders for the first half of 2022.

Accordingly, the dividend per share will be SR2.25 per share, or 22.5% of the percentage of dividend to the share par value, where the number of company shares is 3 billion shares with a nominal value of SR10 per share.

The eligibility of Cash dividend will be to Shareholders who own the company shares on the Eligibility date and enrolled in the Company’s register at Securities Depository Centre Company (Edaa) by the end of the second trading day following the due date, which will be on Sunday 11 September 2022.