Sabic Announces Dividend Payment Method
OREANDA-NEWS. August 16, 2012. With reference to SABICs announcement on Tadawul on 18/7/2012 of the approval of distribute dividends for the first half of the year 2012 at SR 2 per share, we would like to draw to the attention of shareholders that payment of the first half of the year 2012, will begin as of Monday, 25/9/1433 AH (according to Umm Al-Qura calendar) corresponding to 13/8/2012, in the following manner:
1 - Shareholders who have Investment portfolios linked to a Saudi-based bank account will have their profits deposited directly into their bank accounts.
2 - Shareholders who have not deposited share certificates with Investment portfolios at a Saudi-based bank will need to refer to one of the NCB branches to receive the profits after presenting the share certificate and their national identity card.
3 - Shareholders of the Gulf Cooperation Council (GCC) as well as residents in the Kingdom will be subject to the above similar to Saudi shareholders.
SABIC encourages all shareholders to update their information and make sure to have their bank account numbers linked to their Investment portfolios in order to ensure that their profits are paid without delay. They also need to deposit all certificates in their possession, if any, in the Investment portfolios by handing over the same to the Securities Depository Center of Tadawul located at
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