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Yansab to distribute SAR 1.1bn dividends

Yansab to distribute SAR 1.1bn dividends
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YANSAB
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Riyadh – Mubasher: Yanbu National Petrochemicals Company’s (Yansab) board of directors has recommended the distribution of cash dividends for the second half of 2018, at SAR 2 per share. 

Dividends amount to SAR 1.125 billion, with the number of total shares standing at 562.5 million shares, the company said in a statement to the Saudi Stock Exchange (Tadawul). 

The company last reported a 13.1% year-on-year profit growth for the third quarter of 2018 to SAR 729 million, up from SAR 644.6 million in Q3-17.