OREANDA-NEWS. SABIC has announced the distribution of SR 6 billion cash dividends to shareholders for the first half of 2016 at SR 2 per share, representing 20 percent of the nominal share value.

Eligibility for the profits will be for shareholders registered in Tadawul by the end of trading on August 25, 2016. 

The company has urged shareholders to update their data and ensure that their bank account numbers are linked with their investment portfolios to enable deposit of the dividends to their bank accounts on the day of distribution.