Safco ... slashing dividend
Safco halves dividend for H2 2014
RIYADH, January 5, 2015
Saudi Arabia Fertiliser Co (Safco) said its board has proposed a cash dividend of 3 riyals ($0.8) per share for the second half of 2014.
The figure, announced in a bourse statement, is down from the 6 riyals per share that the company paid for the corresponding period of 2013, according to Thomson Reuters data.
Safco is a unit of Saudi Basic Industries Corp (Sabic). -- Reuters