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SAFCO to distribute SAR 1/shr for H1-20

SAFCO to distribute SAR 1/shr for H1-20
Dividends will be distributed on 5 July 2020
SABIC AGRI-NUTRIENTS
2020.B
1.52% 133.60 2.00

Riyadh – Mubasher: The board of the Saudi Arabian Fertilizer Company (SAFCO) has decided to distribute SAR 416.67 million, or SAR 1 per share, as cash dividends to shareholders for the first half (H1) of 2020.

The recommended dividends represent 10% of the share’s par value, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Thursday.

Eligibility of dividends will be for shareholders registered in the Securities Depository Center (Edaa) at the end of the second trading day following the due date, 21 June 2020.

Sunday 5 July 2020 has been set as the distribution date, the company disclosed.