Sahara International Petrochemical Co. announces the distribution of cash dividend for for the fiscal Year 2020
Wednesday, December 16, 2020
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Element List Introduction
Explanation Sahara International Petrochemical Company (Sipchem) announces the recommendation of the Board of Directors to distribute cash dividends to its shareholders for the fiscal Year 2020 as follows:
Board Resolution Date
Explanation 2020-12-15 Corresponding to 1442-04-30
Total Amount of Dividend Distributed
Explanation 366,666,666
Number of Shares Eligible for Dividends
Explanation 733,333,332
Dividend per share
Explanation SAR 0.50
Percentage of Dividend to the Share Par Value (%)
Explanation 5 %
Eligibility date
Explanation On Thursday 24/12/2020 The eligibility of dividends is for the shareholders of the Company who own the shares on the eligibility date, and are registered in the Company’s Share Registry with the Securities Depository Center Company (TADAWUL) at the end of the second trading day following the eligibility date.
Distribution Date
Explanation 2021/01/06
Additional Information
Explanation Distribution of dividends will be made by Al-Rajhi Bank, through direct transfers to the local bank accounts linked to the shareholders' portfolios.



The Company would like to remind its valued shareholders to update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their dividends are deposited directly into their accounts on the day of distribution.


For any further questions relating to this dividend distribution, please contact Al-Rajhi Bank at 8001228888 or visit the nearest bank branch.


For more assistance, you can contact the Sipchem’s shareholder Department:

Tel: (013) 8019200

Fax: (013) 3599610

PO. Box 130 Khobar 31952

E-mail: [email protected]