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Sabic's Board Declares Lower H1 Cash Dividend

MT Newswires·07/29/2026 05:34:13
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05:34 AM EDT, 07/29/2026 (MT Newswires) -- Saudi Basic Industries (SASE:2010), d/b/a Sabic, said Wednesday its board decided to distribute a cash dividend of 1.10 Saudi riyals per share for the first half. The Tadawul-listed petrochemicals manufacturer will pay the dividend on Sept. 1 to shareholders on record as of Aug. 11. It paid 1.50 riyals per share a year ago.