Saudi Chemical Company proposes SAR2/share dividend for 1H2015
Saudi Chemical Company (2230.SE) announced that its board of directors (BoD) had proposed a dividend of SAR2/share for 1H2015. This implies a dividend yield (annualised) of 8.8% at current levels and a payout ratio of 77%. The ex-dividend date will be 8 February 2016 and the dividend will be distributed on 28 February 2016. (Tadawul)
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