Riyadh-Mubasher: Saudi Arabian Refinery Co’s (SARCO) ordinary general meeting agreed on Wednesday to distribute 5% cash dividends of the capital for the fiscal year 2015, according to a bourse statement.

SARCO will pay SAR 0.50 per share, with a total value of SAR 7.5 million ($17.76 million).

During FY15, the Saudi firm posted SAR 7.46 million ($17.66 million) profits, 64.34% lower from SAR 21 million ($49.73 million) in FY14.