The board of directors of Yanbu National Petrochemical Company (Yansab) approved a 10% cash dividend for the second half of 2024.

The company will distribute 562.5 million Saudi riyals ($149.8 million), or SAR 1 per share, the Saudi stock exchange-listed petrochemical major said.  

The last date of eligibility for dividends is February 25, 2025, with distribution on March 16, 2025.

(Editing by Brinda Darasha; brinda.darasha@lseg.com)