38.6500
Change
1.2000
Change %
3.2043%
Open
37.4500
Close
38.6500
High
39.3000
Low
37.4500

Sipchem board recommends SAR0.65/share dividend for H2-18

2018-12-24 10:57:26 GMT (Economies.com)
 

The board of directors of Saudi International Petrochemical Co. (Sipchem) has recommended the distribution of cash dividends for the second half of 2018 at SAR 65 halala per share, or 6.5% of stock par value, totaling SAR 238.333 million.

Record date for the dividend distribution will be on January 1, 2019

 

The company earlier posted a net profit increase by 48.3% year-on-year in the third quarter of 2018, to SAR 180.3 million, compared with SAR 121.6 million net profit during the corresponding period in 2017.

 

Meanwhile, net profit for the first nine months of 2018 amounted to SAR 543 million, compared with SAR 273 million in the prior-year period.

 
 
 
  Symbol Last Change Chg.%
1.1736
0.0022
0.1874%
1.3718
0.0042
0.3093%
Tadawul
11270.57
-40.58
0.36%
22.727
0.426
1.913%
73.422
2.489
3.509%
77.51
0.22
0.28%
1754.990
-1.815
0.103%
 
 
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