Sabic to distribute $1.2bn in dividends for H2 2020 RIYADH, 7 hours, 1 minutes ago Sabic’s recent Ordinary Annual General Meeting in Riyadh, Saudi Arabia has approved SR4.5 billion ($1.2 billion) cash dividends for the second half of 2020 at SR1.5 per share, representing 15% of the nominal share value. The Board of Directors had previously approved similar SR4.5 billion cash dividends for the first half of 2020 at SR 1.5 per share, representing 15% of the nominal share value. Eligibility for the second half dividends of the year will be for the shareholders owning shares on the due date – that is, the date of the Ordinary General Meeting – and those shareholders registered in the company’s share registry at the Depository Center at the end of the second trading day following the due date. The dividends will be distributed on May 3, 2021. The total dividend for 2020 is SR9 billion at SR 3 per share, representing 30% of the nominal value per share.