Yanbu National Petrochemical Co. Declares Interim Dividend Distribution

Yanbu National Petrochemical Co., a leading petrochemical company in Saudi Arabia, has announced its decision to distribute interim cash dividends to its shareholders for the first half of 2025. The distribution, totalling 562.50 million Saudi Riyals, represents 10% of the share's par value and will be eligible for shareholders who own company shares on August 24, 2025. Each share is entitled to a dividend of 1 Saudi Riyal, with the distribution scheduled for September 11, 2025. The company advises its shareholders to update their data and ensure their bank account numbers are linked to their investment portfolios to facilitate the seamless deposit of dividends.

Key Takeaways:

• Yanbu National Petrochemical Co. has declared a total interim dividend of 562.50 million Saudi Riyals for the first half of 2025.
• Each share is eligible for a dividend of 1 Saudi Riyal, representing 10% of the share's par value.
• The eligibility date for receiving dividends is set for August 24, 2025, with the distribution scheduled for September 11, 2025.
• Non-resident investors will be subject to a 5% withholding tax on the dividend upon transfer or credit to their bank accounts.
• Shareholders are advised to update their data and ensure their bank account numbers are linked to their investment portfolios to facilitate the distribution.
• The company has urged non-resident investors with tax exemptions to communicate with the company within five calendar days from the eligibility date and provide necessary documentation to support their tax exemption claims.

Statistics:

• Total interim dividend: 562.50 million Saudi Riyals
• Dividend per share: 1 Saudi Riyal
• Percentage of share's par value: 10%
• Eligibility date: August 24, 2025
• Distribution date: September 11, 2025
• Withholding tax rate for non-resident investors: 5%

Sources:

• "Yanbu National Petrochemical Co. announces distribution of interim cash dividends for first half of 2025" - Saudi Exchange
• "Yanbu National Petrochemical Co. announces distribution schedule for interim cash dividends" - Yanbu National Petrochemical Co.