“SABIC” approves distributing SR 5.1 bln for H1, 2024

Saudi Basic Industries Corporation (SABIC) announced the Board of Directors’ decision to distribute interim cash dividends to shareholders for the first half of 2024. With a value of 5.1 billion riyals, equivalent to 17% of their nominal value.

The number of shares entitled to dividends is 3 billion shares, at 1.7 riyals per share, while the eligibility for cash dividends will be for shareholders who own shares on the due date and are registered in the company’s shareholder register at the deposit center at the end of the second trading day following the due date, which will be Tuesday, Safar 30, 1446 AH (according to the calendar). Umm Al-Qura) corresponding to September 3, 2024 AD

The distribution will be on Tuesday, Rabi’ al-Awwal 21, 1446 AH (according to the Umm al-Qura calendar), corresponding to September 24, 2024 AD.