Middle East Economic Survey
VOL. LIII
No 52
27-Dec-2010
SAUDI ARABIA
SABIC Board Recommends Distribution Of Dividends For 2H10
The Saudi Basic Industries Corporation (SABIC) board of directors has decided to recommend an SR2 ($0.53)/share dividend for the second half of 2010, the corporation announced on 19 December. In its entirety, this dividend is reported to equate to a payout of SR6bn ($1.6bn). Eligible shareholders will be those listed on Saudi Arabias Tadawul stock exchange at the...
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