SABIC GA decides to distribute SAR 5.4 billion cash dividends for H1

Saudi Basic Industries Corporation (SABIC) announced Board decision to distribute cash dividends to Shareholders for the first half of 2023 at a value of SAR 5.4 billion, representing 18% of the share par value.

The number of shares eligible for dividends is 3 million shares, with SAR 1.80 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 Center Company (Edaa) by the end of the second trading day following the due date, which will be on Tuesday corresponding to 12 September 2023.