Thndr Claps » Saudi Claps » Energy🔋 » Sipchem distributes SAR 1 billion in dividends 🤑
The ClapSipchem (2310) will distribute cash dividends to shareholders of about SAR 1.1 billion for H2 2022, around 15% of the company’s capital.
WhatThe dividends will be SAR 1.5 per share, to be distributed across 725 million shares.
So WhatThe company’s total cash dividend distribution reached about SAR 8.5 billion since 2007.
The cash dividends this year are the largest in the last 16 years.
Sipchem’s net profit increased by 37.23% in the first nine months of 2022, compared to the same period in 2021.
Now WhatThe dividends will be distributed on December 15th
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