Yansab (Saudi Arabia) approves dividend distributions to shareholders for the second half of the year.

The board of directors of Yansab Saudi Arabia (Yanf National Petrochemical Company) decided yesterday, Sunday, to distribute cash dividends to shareholders for the second half of this year, at a rate of 10% of the nominal value of the share. In this regard, Yansab clarified in a statement published on the Saudi stock exchange (Tadawul) that the total amount distributed is estimated at 562.5 million Saudi Riyals, with the number of shares entitled to the quarterly dividends amounting to 562.5 million shares; thus, the share of the dividend per share will be 1 Riyal. Additionally, Yansab stated that the eligibility date for the distributions will be on Tuesday, February 25 of next year, with eligibility granted to shareholders who own the shares on the record date listed in the company's shareholder registry at the depository center at the end of the second trading day following the eligibility date.