Sipchem announces distribution of dividends to shareholders for the year 2012
- Saudi Arabia: Tuesday, January 22 - 2013 at 12:35
- PRESS RELEASE
Saudi International Petrochemical Company (Sipchem) announced that its Board of Directors adopted a resolution to submit a recommendation to the General Assembly for the distribution of dividends to shareholders for the second half of fiscal year 2012.
The date of distribution will be announced when general assembly approves the board recommendations. Sipchem had announced earlier distribution of SR0.50 per share for first half of year 2012, which makes the total of dividends to be distributed for year 2012 SR458,333,333, representing (12.5%) of company capital with an amount of SR1.25 per share.
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