Riyadh – The shareholders of Saudi Arabia Refineries Company (SARCO) gave the green light for distributing SAR 11.25 million, representing 7.5% of the capital, as cash dividends for 2020.

The company will pay SAR 0.75 per share to the entitled shareholders, while the distribution date will be announced later, according to a bourse disclosure on Thursday.

Last year, SARCO was among five Tadawul-listed petrochemical companies whose profits dropped by 45.3% year-on-year (YoY) during the third quarter (Q3).

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.