On July 29, 2026, Saudi Basic Industries Corporation (SABIC) announced its Board's decision, dated July 28, 2026, to distribute interim cash dividends to shareholders for the first half of 2026. The total distribution amounts to SR 3,300,000,000, covering 3,000,000,000 eligible shares at a dividend of SR 1.10 per share, representing 11% of the share par value. The eligibility date is set for August 11, 2026, with dividends to be distributed on September 1, 2026. SABIC noted that the dividend reflects a disciplined and prudent capital allocation approach amid ongoing geopolitical developments and logistics disruptions, aimed at balancing competitive shareholder returns with financial flexibility and long-term value creation.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.