Mubasher TV
Contact Us Advertising   العربية

Saudi Chemical’s board mulls SAR 42m dividends for 2024

Saudi Chemical’s board mulls SAR 42m dividends for 2024
Photo Archive
CHEMICAL
2230
-1.22% 7.28 -0.09

Riyadh – Mubasher: The board of Saudi Chemical Company proposed cash dividends of SAR 42.16 million for 2024, according to a bourse disclosure.

The company will disburse a dividend of SAR 0.05 per share, equivalent to 5% of the share capital, for 843.20 million eligible shares.

Meanwhile, the payment date will be announced at a later time.

Saudi Chemical’s net profits hiked by 59.21% year-on-year (YoY) to SAR 291.20 million in 2024 from SAR 182.90 million.